Brief: Interdigital Increases Share Buyback Authorization To $400 Mln
Jan 3 (Reuters) - InterDigital Inc IDCC.O :
* INTERDIGITAL INCREASES SHARE BUYBACK AUTHORIZATION TO $400
MILLION
* INTERDIGITAL INC - AUTHORIZED AN INCREASE TO OUTSTANDING
AMOUNT
OF COMPANY'S EXISTING STOCK REPURCHASE PROGRAM BY APPROXIMATELY
$333 MILLION
* INTERDIGITAL INC - REPURCHASES WILL BE MADE USING
COMPANY'S CASH
RESOURCES
Source text for Eikon: ID:nGNX471QsC
Further company coverage: IDCC.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on InterDigital
See all newsUS STOCKS ON THE MOVE-Wesco, Mobileye, Glaukos
U.S. STOCKS ON THE MOVE-ADT, Equinix, Cognizant
InterDigital Inc reports results for the quarter ended September 30 - Earnings Summary
InterDigital rises after Q3 results beat, upbeat profit forecast
InterDigital Q3 revenue tops estimates on video services expansion