Vicor launches USD 150 million share buyback, replacing prior program
VICR•Board authorizes new repurchase program
Vicor’s board authorized a new share repurchase program for up to USD 150 million.
- The new authorization supersedes and replaces the prior repurchase program.
- The program has no expiration date and no minimum purchase requirement.
- Vicor said the program may be suspended at the company’s discretion.
- Buybacks may be executed in the open market, including under Rule 10b-18, with potential use of Rule 10b5-1 plans.
