TSE:8035Semiconductor
Tokyo Electron Buyback Completion Puts Focus On EPS And Valuation
Tokyo Electron (TSE:8035) has completed a previously announced share buyback program.
The board is scheduled to consider a resolution on the cancellation of the repurchased treasury stock.
The outcome may affect the company’s capital allocation approach and future share count.
Tokyo Electron, a major supplier of semiconductor production equipment, sits at the center of chip manufacturing capacity decisions worldwide. As chipmakers adjust spending plans and process technology roadmaps,...