Tranche Update on Skyworks Solutions, Inc.'s Equity Buyback Plan announced on February 5, 2019.
January 28, 2021 at 04:02 pm EST
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From October 3, 2020 to January 26, 2021, the company has repurchased 1,312,792 shares, representing 0.79% for $195.53 million. With this, the company has completed the repurchase of 12,468,763 shares, representing 7.33% for $1,217 million under the buyback announced on February 5, 2019.
Skyworks Solutions, Inc. specializes in the development, sales and marketing of high-performance, mixed signal semi-conductors. The products are designed for use in the following sectors: consumer electronics, IT, mobile communication systems and network infrastructures. They also provide solutions for automotive, RFID, industrial, medical, military and aerospatial applications to name but a few. The group offers amplifiers, attenuators, detectors, diodes, directional couplers, modules, radio frequency subsystems, isolators, modulators, optocouplers, optoisolators, phase shifters, switches and multiplexers, solutions for food management, etc.
At the end of September 2023, Skyworks Solutions, Inc. had 6 manufacturing sites located in the United States (2), Mexico (2), Japan and Singapore.
Net sales are distributed geographically as follows: the United States (75.5%), China (7.5%), Taiwan (7.2%), South Korea (4.2%), Asia/Pacific (1.3%) and Europe/Middle East/Africa (4.3%).