Microchip Technology, Inc.

NASDAQ:MCHP   3:59:58 PM EDT
84.26
-0.21 (-0.25%)
5:09:49 PM EDT: $85.24 +0.98 (+1.16%)
Share Repurchases, Earnings Announcements

Microchip Technology Announces $4.0 Billion Stock Repurchase Program

Published: 11/08/2021 14:42 GMT
Microchip Technology, Inc. (MCHP) - Microchip Technology Announces $4.0 Billion Stock Repurchase Program.
Microchip Technology Inc - New Program Replaces Company's Prior Program to Repurchase Up to 30 Million Shares of Common Stock.
Microchip Technology - Expects to Fund Repurchases Through Available Cash Flow From Operations After Capital Expenditures and Dividend Payments.
Revenue is expected to be $1.75 Billion
Adjusted EPS is expected to be $1.17

Next Quarter Revenue Guidance is expected to be $1.78 Billion
Next Quarter EPS Guidance is expected to be $1.20

More details on our Analysts Page.