NXP Semiconductors Announces $5B Buyback Plan
NXP Semiconductors N.V. (NASDAQ: NXPI) today announced strong profitability leading to free cash flow generation enables NXP to invest in innovative solutions and expand manufacturing capabilities that support our
NXP is using extra cash to buy back its own stock. This usually means leaders think the stock is fairly priced and have cash to spare.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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