Silicon Motion Technology (SIMO) Declares $0.20 Quarterly Dividend; 1.9% Yield

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Silicon Motion Technology (SIMO) Reports $200M Buyback Program

July 31, 2017 6:02 PM EDT

Silicon Motion Technology Corporation (NasdaqGS: SIMO) today announced that its Board of Directors has authorized a new program for the Company to repurchase up to $200 million of its ADS over a 12 month period. Separately, Silicon Motion executive officers have notified the Company that they intend to purchase $2.5 million of its ADSs.

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