NXP Semiconductors Board OKs $2 Billion Buyback Program
March 04 2021 - 5:19PM
Dow Jones News
By Allison Prang
NXP Semiconductors N.V. said its board approved a $2 billion
share buyback program.
The buyback program is for 2021. The company said it has $640
million left for repurchase on its old buyback program.
NXP also said that for its first quarter, its board approved a
56.25 cents a share interim dividend. The company said it will go
to shareholders of record as of March 15 and be paid out April 5 in
cash.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
March 04, 2021 17:04 ET (22:04 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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