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share buyback

Himax Technologies (HIMX) has announced a new $20 million share buyback program for its American Depository Shares (ADSs), effective immediately. The program allows for purchases through open market or private transactions, with no obligation to repurchase any specific amount and can be modified or suspended at the company's discretion.
The company has historically returned over $1 billion to shareholders through buybacks and dividends since its 2006 IPO. Management expressed confidence in Himax's market leadership and growth prospects, particularly in automotive, AI, WLO, and OLED sectors. The company maintains its commitment to strategic investments in high-growth sectors while focusing on shareholder value creation.
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