Tranche Update on Silicom Ltd.'s Equity Buyback Plan announced on April 30, 2020.
January 28, 2021 at 09:00 am EST
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From October 1, 2020 to December 31, 2020, the company has repurchased 111,334 shares, representing 1.58% for $4.2 million. With this, the company has completed the repurchase of 271,145 shares, representing 3.79% for $9.7 million under the buyback announced on April 30, 2020.
Silicom Ltd. (Silicom) is engaged in the design, manufacture, marketing and support of networking and data infrastructure solutions for a range of servers, server-based systems and communications devices. The Company's products include server network interface cards with and without bypass (Server Adapters); Intelligent and programmable cards, with features, such as encryption, acceleration, data compression, redirection, time stamping, network capture solutions, field programmable gate array (FPGA) based ultra-low latency solutions, and/or other offload features and/or compute blades (Smart Cards), and standalone Products. The Company's market segments for its products include network appliances; servers; data storage, including Big Data; The Cloud, virtualized data centers, with and without software-defined networking (SDN), and Internet of Things (IOT).
SILICOM LTD. 
