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Marvell Technology, Inc. has announced a significant expansion of its stock repurchase program, with the Board of Directors authorizing an additional $3 billion. This increase brings the total current repurchase authority to approximately $3.3 billion, marking the largest repurchase authorization in the company's history. As of the fiscal year ended February 3, 2024, Marvell's existing share repurchase program had about $299 million remaining. The repurchases may occur in the open market or through privately negotiated transactions, subject to market conditions and other corporate considerations. The program can be suspended or discontinued at any time. The announcement was made on March 7, 2024, and is detailed in a press release which is incorporated by reference into Marvell's Form 8-K filed with the SEC.
Marvell Technology, Inc. has announced a significant expansion of its stock repurchase program, with the Board of Directors authorizing an additional $3 billion. This increase brings the total current repurchase authority to approximately $3.3 billion, marking the largest repurchase authorization in the company's history. As of the fiscal year ended February 3, 2024, Marvell's existing share repurchase program had about $299 million remaining. The repurchases may occur in the open market or through privately negotiated transactions, subject to market conditions and other corporate considerations. The program can be suspended or discontinued at any time. The announcement was made on March 7, 2024, and is detailed in a press release which is incorporated by reference into Marvell's Form 8-K filed with the SEC.
Marvell Technology, Inc. 宣佈大幅擴大其股票回購計劃,董事會批准再增加30億美元。這一增加使當前的回購授權總額達到約33億美元,這是該公司歷史上最大的回購授權。截至2024年2月3日的財年,Marvell現有的股票回購計劃還剩約2.99億美元。回購可以在公開市場上進行,也可以通過私下談判的交易進行,但要視市場條件和其他公司考慮因素而定。該計劃可以隨時暫停或終止。該公告於2024年3月7日發佈,詳見新聞稿,該新聞稿以引用方式納入Marvell向美國證券交易委員會提交的8-K表中。
Marvell Technology, Inc. 宣佈大幅擴大其股票回購計劃,董事會批准再增加30億美元。這一增加使當前的回購授權總額達到約33億美元,這是該公司歷史上最大的回購授權。截至2024年2月3日的財年,Marvell現有的股票回購計劃還剩約2.99億美元。回購可以在公開市場上進行,也可以通過私下談判的交易進行,但要視市場條件和其他公司考慮因素而定。該計劃可以隨時暫停或終止。該公告於2024年3月7日發佈,詳見新聞稿,該新聞稿以引用方式納入Marvell向美國證券交易委員會提交的8-K表中。
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