Vishay Intertechnology (VSH) Announces $100M Stock Buyback Plan
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Vishay Announces $100 Million Stock Repurchase Authorization
May 2, 2016 4:15 PM EDTMALVERN, Pa., May 02, 2016 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive components, today announced that its Board of Directors has authorized a $100 million stock repurchase program. The authorization will expire on May 2, 2017.
Marc Zandman, Executive Chairman of the Board and Chief Business Development Officer, commented, The stock repurchase authorization, along with our recent decision to increase the quarterly dividend, is a further expression of our ability and our commitment to enhance total stockholder return over the long-term.
Dr. Gerald Paul, President... More
