Onsemi rises after $6 billion share buyback plan announced

ON Semiconductor

19/11/2025 15:58

Updates

** Chipmaker Onsemi's ON.O shares rise 2.9% to $46.91

** Co announces $6 billion share repurchase authorization

** New share repurchase program launches in January 2026, spans three years

** Up to last close, stock has fallen 27.7% this year

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))