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)

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