What's Going On With Himax Technologies Stock Wednesday?
What's Going On With Himax Technologies Stock Wednesday?
Himax had $206.5 million of cash, cash equivalents and other financial assets at the end of September 2024, compared to $253.8 million a quarter ago and $155.4 million at the same time last year.Himax Technologies, Inc. (NASDAQ:HIMX) shares are trading higher in premarket on Wednesday following the announcement of a new share buyback program.
奇景光电公司（纳斯达克:HIMX）股份在周三的盘前交易中上涨，原因是宣布了一项新的股票回购计划。
The company's Board of Directors has approved the repurchase of up to $20 million worth of its American Depository Shares in the open market or through privately negotiated transactions.
公司的董事会已批准在公开市场或通过私下协商交易回购价值高达2000万美元的美国存托股份。
This program, effective immediately, does not obligate Himax to repurchase any specific number of ADSs and can be modified or suspended at the company's discretion, the company said.
该计划立即生效，并不要求奇景光电回购任何特定数量的美国存托股份，而且可以根据公司的判断进行修改或暂停，公司的发言人表示。
Himax had $206.5 million of cash, cash equivalents and other financial assets at the end of September 2024, compared to $253.8 million a quarter ago and $155.4 million at the same time last year.
截至2024年9月底，奇景光电拥有现金、现金等价物和其他金融资产20650万美元，较上季度的25380万美元和去年同期的15540万美元有所减少。
The sequential decrease in cash balance was mainly the result of a $50.7 million payment for annual dividends.
现金余额的季度减少主要是由于支付5070万美元的年度分红派息。
Himax's President and CEO, Jordan Wu, emphasized that since its IPO in 2006, the company has returned over $1 billion to shareholders through buybacks and dividends.
奇景光电董事长兼首席执行官吴建荣强调，自2006年首次公开募股以来，公司通过回购和分红派息已向股东返还超过10亿美元。
The new share buyback program highlights Himax's long-term growth prospects in high-growth sectors such as automotive, artificial intelligence, wafer-level optics, and OLED technologies.
新的股票回购计划凸显了奇景光电在汽车、人工智能、晶圆级光学和oled概念等高增长领域的长期增长前景。
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Wu also noted that the company remains focused on strategic investments in these high-growth sectors, which support its ongoing efforts to drive innovation and create long-term value for shareholders. The diversified portfolio positions Himax well to weather market fluctuations and capitalize on emerging opportunities across multiple industries.
吴还指出，公司将继续专注于这些高增长行业的战略投资，以支持其推动创新和为股东创造长期价值的持续努力。多元化的投资组合使奇景光电能够应对市场波动，并利用多个行业的新兴机会。
The company's inventories as of September 30 were $192.5 million, lower than the $203.7 million last quarter and $259.6 million in the same period last year, indicating a well-managed and balanced inventory level from quarter to quarter.
截至9月30日，公司的库存为19250万美元，低于上季度的20370万美元和去年同期的25960万美元，表明库存水平在各个季度都管理良好且平衡。
Price Action: HIMX shares are trading higher by 3.31% to $5.62 premarket at last check Wednesday.
价格走势：HIMX股票在周三的盘前交易中上涨3.31%，达到5.62美元。
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Image: Shutterstock/ bangoland.
图片：shutterstock/ bangoland。
