ON Semiconductor (ON) Announces New $1.5 Billion Share Repurchase Program

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Go back to ON Semiconductor (ON) Announces New $1.5 Billion Share Repurchase Program

ON Semiconductor Announces New $1.5 Billion Share Repurchase Program

November 15, 2018 8:00 AM EST

PHOENIX--(BUSINESS WIRE)-- ON Semiconductor (NASDAQ: ON), driving energy efficient innovations, today announced that its Board of Directors has approved a new share repurchase program. Under the new share repurchase program, the company intends to repurchase up to $1.5 billion of its common stock over a four-year period. The new stock repurchase program is effective December 1, 2018, coinciding with the expiration of the $1.0 billion share repurchase program announced in... More