Lattice Semiconductor Announces Stock Repurchase Program
HILLSBORO, Ore.–(BUSINESS WIRE)–Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that its Board of Directors has authorized the Company to repurchase up to $60 million of its outstanding common stock over the next twelve months.
Sherri Luther, Chief Financial Officer, said, “This share repurchase program reflects the continuing financial strength of our business and reinforces our commitment to enhancing shareholder value.”
Under the program, Lattice may purchase shares of its common stock through open market and privately negotiated transactions at prices deemed appropriate by management. The timing and amount of repurchase transactions under this program will depend on market…