DIALOG SEMICONDUCTOR Plc.

  • WKN: 927200
  • ISIN: GB0059822006
  • Land: United Kingdom

Nachricht vom 19.12.2019 | 18:30

Dialog Semiconductor Plc.: Announcement related to the third and final settlement of the first tranche of shares pursuant to the share buyback programme authorised by shareholders at the annual general meeting on May 2, 2019 (the 2019 Buyback Programme).

DGAP-News: Dialog Semiconductor Plc. / Key word(s): Share Buyback
19.12.2019 / 18:30
The issuer is solely responsible for the content of this announcement.

London, UK, December 19, 2019 - Dialog Semiconductor Plc (XTRA:DLG) reports that, pursuant to the first tranche of the 2019 Buyback Programme announced by the Company on June 5, 2019, the Company has purchased the following ordinary shares in the Company from Goldman Sachs International:

Date of purchase Number of
ordinary shares
purchased by the
Company in the third and final settlement of the first tranche of the 2019 Buyback Programme
Average price
per share (EUR)
in the third and final
settlement of the
first tranche of
the 2019 Buyback
Programme*
Total number of
ordinary shares
purchased by the Company in the first tranche of the 2019 Buyback
Programme
December 19, 2019 1,469,895 39.7342 3,134,895
 

The first tranche of the 2019 Buyback Programme announced by the Company on June 5, 2019 has, as planned, been concluded.

Under the first tranche of the 2019 Buyback Programme, a total of 3,134,895 ordinary shares have been purchased, corresponding to 4.1% of the Company's ordinary share capital as at March 27, 2019, at an average price of €39.8738 per share (being the average volume weighted average price during the period of the 2019 Buyback Programme, less a percentage discount), at a total cost of €125,000,022.95.

The Company obtained shareholder approval at its Annual General Meeting on May 2, 2019 (the 2019 Approval) to purchase, in aggregate, up to 11,457,321 of its ordinary shares (representing approximately 15% of the Company's ordinary share capital as at March 27, 2019). There can be no certainty that any further ordinary shares will be purchased by the Company under the 2019 Approval. The Company will consider any repurchases of ordinary shares during an open period. The Company will announce the purchase of any tranche of ordinary shares under the 2019 Approval if and when it determines to make any such purchase.

Further information on the Company's share buyback programme is available on the Company's website at:

https://www.dialog-semiconductor.com/investor-relations/financial-news/share-buybacks

*Average of the daily volume weighted average price during the first tranche of the 2019 Buyback Programme (excluding the ordinary shares purchased and the price paid under the first and second interim settlements).

Dialog and the Dialog logo are registered trademarks of Dialog Semiconductor Plc or its subsidiaries.
All other product or service names are the property of their respective owners. (c) Copyright 2019
Dialog Semiconductor All Rights Reserved

For further information please contact:


Dialog Semiconductor
Jose Cano
Head of Investor Relations
T: +44 (0)1793 756 961
jose.cano@diasemi.com

FTI Consulting London
Matt Dixon
T: +44 (0)2037 271 137
matt.dixon@fticonsulting.com

FTI Consulting Frankfurt
Anja Meusel
T: +49 (0) 69 9203 7120
Anja.Meusel@fticonsulting.com

About Dialog Semiconductor
Dialog Semiconductor is a leading provider of integrated circuits (ICs) that power mobile devices and the Internet of Things. Dialog solutions are integral to some of today's leading mobile devices and the enabling element for increasing performance and productivity on the go. From making smartphones more power efficient and shortening charging times, enabling home appliances to be controlled from anywhere, to connecting the next generation of wearable devices, Dialog's decades of experience and world-class innovation help manufacturers get to what's next.
Dialog operates a fabless business model and is a socially responsible employer pursuing many programs to benefit the employees, community, other stakeholders and the environment we operate in. Dialog Semiconductor plc is headquartered in London with a global sales, R&D and marketing organization. In 2018, it had approximately $1.44 billion in revenue. It currently has approximately 2,000 employees worldwide. The company is listed on the Frankfurt (FWB: DLG) stock exchange (Regulated Market, Prime Standard, ISIN GB0059822006) and is a member of the German MDAX and TecDax indices. For more information, visit www.dialog-semiconductor.com.

Forward Looking Statements
This press release contains "forward-looking statements" that reflect management's current views with respect to future events. The words "anticipate," "believe," "estimate", "expect," "intend," "may," "plan," "project" and "should" and similar expressions identify forward-looking statements. Such statements are subject to risks and uncertainties, including, but not limited to: an economic downturn in the semiconductor and telecommunications markets; changes in currency exchange rates and interest rates, the timing of customer orders and manufacturing lead times, insufficient, excess or obsolete inventory, the impact of competing products and their pricing, political risks in the countries in which we operate or sale and supply constraints. If any of these or other risks and uncertainties occur (some of which are described under the heading "Managing risk and uncertainty" in Dialog Semiconductor's most recent Annual Report) or if the assumptions underlying any of these statements prove incorrect, then actual results may be materially different from those expressed or implied by such statements. We do not intend or assume any obligation to update any forward-looking statement which speaks only as of the date on which it is made, however, any subsequent statement will supersede any previous statement.




Contact:
Jose Cano
Director, Investor Relations
jose.cano@diasemi.com
+44(0)1793756961


19.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC-Fokusbox

Northern Data AG: „Massiver Anstieg der Nachfrage durch Corona“

Die Frankfurter Northern Data AG (ISIN: DE000A0SMU87) hat sich innerhalb kürzester Zeit eine führende Position als Anbieter von Lösungen im High Performance Computing (HPC) erarbeitet. „Wir sprechen bereits heute von einem Markt im mittleren zweistelligen Milliardenbereich mit enormem Wachstum. Der gesamte Bereich explodiert nachfragemäßig vor unseren Augen“, erläutert CEO Aroosh Thillainathan im Financial.de-Interview. Pro Gigawatt peilt er einen Umsatz zwischen 400 und 500 Mio. Euro pro Jahr an, bei einer Bruttogewinnmarge von 40 bis 50 Prozent.

GBC-Fokusbox

MBH Corporation. Hohes Kurspotenzial

Die MBH Corporation plc hat in den vergangenen Berichtsperioden eine sehr hohe M&A-Aktivität aufgezeigt. Unter Anwendung der so genannten Agglomeration Methodology hat die Beteiligungsgesellschaft branchenübergreifend seit 2018 11 Beteiligungen erworben. Bei einem Pro-Forma-Umsatz der Beteiligungsgesellschaften von über 120 Mio. GBP und einem Pro-Forma-EBITDA in Höhe von über 11 Mio. GBP weist die MBH derzeit eine Marktkapitalisierung von umgerechnet gerade einmal 19,8 Mio. GBP auf. Ausgehend vom aktuellen Aktienkurs liegt zu unserem Kursziel in Höhe von 1,95 € ein hohes Kurspotenzial vor

News im Fokus

SAP SE: SAP veröffentlicht vorläufige Ergebnisse für das erste Quartal und aktualisiert Ausblick für 2020

08. April 2020, 23:39

Aktueller Webcast

SeaChange Corporation

Fourth Quarter Fiscal Year 2020 Results

06. April 2020

Aktuelle Research-Studie

Francotyp-Postalia Holding AG

Original-Research: Francotyp-Postalia Holding AG (von GSC Research GmbH): Kaufen

09. April 2020