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Himax Technologies launches $20M share buyback to boost shareholder value, shares rise 3%.
Himax Technologies, a semiconductor solutions provider, has launched a $20 million share buyback program, allowing it to repurchase its American Depository Shares (ADSs) on the open market or through private deals.
The initiative aims to boost shareholder value and confidence in the company's long-term growth, particularly in sectors like automotive, AI, WLO, and OLED.
The program can be adjusted or suspended at any time.
Following the announcement, the company's shares rose by about 3% in pre-market trading.
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Himax Technologies lanza una recompra de acciones de $20 millones para aumentar el valor de los accionistas, las acciones aumentan un 3%.