Micron Technology Announces Expiration of Shareholder Rights Plan
July 19 2019 - 4:05PM
Micron Technology, Inc. (“Micron”, NASDAQ: MU) today announced that
its shareholder rights plan (the “Rights Plan”) will expire in
accordance with its terms on July 19, 2019. Shareholders are not
required to take any action as a result of this expiration.
In connection with the expiration of the Rights Plan, Micron
will take routine steps to voluntarily de-register the related
common stock purchase rights under the Securities Exchange Act of
1934, as amended (the “Exchange Act”), and to delist the common
stock purchase rights from the NASDAQ Stock Market. These actions
are administrative in nature and will have no effect on Micron’s
common stock, which continues to be listed on the NASDAQ Stock
Market and registered under the Exchange Act.
About Micron Technology, Inc.
We are an industry leader in innovative memory and storage
solutions. Through our global brands – Micron®, Crucial®, and
Ballistix® – our broad portfolio of high-performance memory and
storage technologies, including DRAM, NAND, NOR Flash and 3D
XPoint™ memory, is transforming how the world uses information to
enrich life. Backed by 40 years of technology leadership, our
memory and storage solutions enable disruptive trends, including
artificial intelligence, machine learning and autonomous vehicles,
in key market segments like data center, networking, automotive,
industrial, mobile, graphics and client. Our common stock is traded
on the Nasdaq under the MU symbol. To learn more about Micron
Technology, Inc., visit micron.com.
The Micron logo and Micron symbol are trademarks of Micron
Technology, Inc. All other trademarks are the property of their
respective owners.
Contact Information:
Farhan Ahmad
Investor Relations
farhanahmad@micron.com
(408) 834-1927
Erica Pompen
Media Relations
epompen@micron.com
(408) 834-1873
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