Rambus Initiates Accelerated Share Repurchase Program
Rambus(RMBS) Businesswire·2024-03-01 13:45SAN JOSE, Calif.--(BUSINESS WIRE)--Rambus Inc. (NASDAQ: RMBS), a premier chip and silicon IP provider making data faster and safer, today announced that it initiated an accelerated share repurchase program with Royal Bank of Canada, through its agent RBC Capital Markets, LLC (“Dealer”) to repurchase an aggregate of approximately $50 million of its common stock. “ As part of our ongoing capital allocation strategy and commitment to increasing stockholder value, this share repurchase program reflects the str ...