Semtech to Repurchase Some of Its Common Stock
The board of directors for Semtech Corp. in Newbury Park has approved the repurchase of up to $10 million of its common stock to fund stock options that may be exercised in the future.
The stock repurchases will be made in the open market over the next few months.
Semtech is a supplier of semiconductors for communication, computer, test and measurement, video and industrial equipment.
