Wednesday, December 06, 2023 8:33:13 AM
Company Release - 12/6/2023
WILMINGTON, Del., Dec. 06, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that the company’s Board of Directors has authorized an increase to the outstanding amount of the company’s existing share repurchase program of approximately $235 million to a total of $300 million, effective as of December 1, 2023.
The timing of repurchases and the number of shares of common stock to be repurchased will depend upon prevailing market conditions and other factors. Repurchases will be made using the company’s cash resources. The increase does not obligate the company to make any repurchases, and any repurchase program may be commenced or suspended from time-to-time at the company’s discretion without prior notice. Repurchases may be made in the open market, through 10b5-1 programs, block purchases or otherwise.
Recent IDCC News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/06/2024 08:06:54 PM
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- InterDigital Announces Date for First Quarter 2024 Financial Results • GlobeNewswire Inc. • 04/19/2024 12:30:00 PM
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- InterDigital Announces Convertibility of 3.50% Senior Convertible Notes Due 2027 • GlobeNewswire Inc. • 04/04/2024 12:30:00 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 09:58:21 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/05/2024 09:03:32 PM
- InterDigital’s Atle Monrad Elected Chair of 3GPP’s SA6 Working Group • GlobeNewswire Inc. • 03/05/2024 09:00:00 AM
- InterDigital Honors Wireless and Video Innovation Leaders Michael Starsinic and Fabrice Le Léannec as Inventors of the Year • GlobeNewswire Inc. • 02/22/2024 09:30:00 PM
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- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/15/2024 01:37:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 01:33:18 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/07/2024 01:43:10 PM
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