-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueSolder Printing
In this issue, we turn a discerning eye to solder paste printing. As apertures shrink, and the requirement for multiple thicknesses of paste on the same board becomes more commonplace, consistently and accurately applying paste becomes ever more challenging.
A Culture of Thriving
One cannot simply command thriving; it must be nurtured, developed, and encouraged. In this issue, we explore strategies to improve your working relationship model—both internally and externally. In this culture of thriving, your business will grow in the process.
Certifications
Certifications have historically been seen as a cost of doing business, but how do we turn them into a positive ROI and a value to both customer and vendor?
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Kitron Initiates Share Buyback
May 13, 2024 | KitronEstimated reading time: 1 minute
Kitron ASA initiates a share buyback in connection with remuneration to the board members.
Kitron ASA has decided to initiate a share buyback program of up to 30,000 of its own shares for a total maximum amount of NOK 900,000. The buyback program may be carried out in the period from this announcement and until 16 May 2024.
The share buyback program will be carried out in accordance with the EC Commission Delegated Regulation (EU) No. 2016/1052 of 8 March 2016 regarding exemptions from market manipulation for share programs. The purpose of the buyback program is to acquire shares that can be used as part of the remuneration to the board members for the period from and including May 2024 to and including April 2025, as resolved by the annual general meeting on 25 April 2024.
The Company has engaged Norne Securities AS to carry out the share buybacks. The share buybacks will be made in accordance with the authorisation granted to the board of directors by the Company's annual general meeting held on 25 April 2024. According to the authorisation, up to 19,821,713 shares may be purchased at a minimum of NOK 1 and a maximum of the prevailing market price per share on the day the offer is made, provided, however, that the maximum amount does not exceed NOK 100 per share. The authorisation is valid until the annual general meeting in 2025, however no later than 30 June 2025.
All acquisitions under the buyback program will be executed on Euronext Oslo Børs. The execution of any repurchases will depend on market conditions, the buyback program may be discontinued at any time and the Company may resolve to terminate the buyback program before the threshold set out above is reached.
Suggested Items
Urgent Orders Boost Wafer Foundry Utilization in Q2; Global Top 10 Foundry Revenue Grows 9.6% while VIS Climbs Two Spots
09/02/2024 | TrendForceTrendForce’s latest investigations have found that the arrival of China’s 618 mid-year shopping season as well as inventory levels of consumer electronics reaching healthier levels, have prompted customers to begin restocking components, resulting in urgent orders for wafer foundries. This surge in demand has significantly improved capacity utilization rates compared to the previous quarter.
Betamek Concludes 2024 AGM with Approval of All Resolutions from Shareholders
08/30/2024 | BetamekBetamek Berhad, an Original Design Manufacturer (ODM) and a leading player in electronics manufacturing services (EMS) for the automotive industry, is pleased to announce that all six (6) resolutions tabled at the Company’s Third Annual General Meeting (AGM) have been successfully passed by the shareholders.
NOTE Board Approves Share Buyback
08/30/2024 | NOTEThe Board of Directors of Note AB has resolved, pursuant to the authorisation granted by the Annual General Meeting on 18 April 2024, to acquire own shares on Nasdaq Stockholm.
India’s Tablet Market Soars by 128.8%YoY in 2Q24 to 1.84 Million Units
08/29/2024 | IDCThe Indian tablet market (inclusive of detachable and slates) shipped 1.84 million units in 2Q 2024, up 128.8% year-over-year (YoY) according to new data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
Global NEV Sales Increase 24.2% in Q2; Chinese Subsidies Expected to Boost Market Share for Chinese Brands
08/23/2024 | TrendForceTrendForce’s latest findings show that global sales of NEVs—including BEVs, PHEVs, and FCVs—reached 3.769 million units in 2Q24. This represents a nearly 30% quarterly growth and a 24.2% YoY increase.