Rambus Initiates $50 Million Accelerated Share Repurchase Program with Royal Bank of Canada

Friday, 1 March 2024, 14:06

Rambus has announced the initiation of an accelerated share repurchase program in collaboration with Royal Bank of Canada. The program targets the repurchase of $50 million worth of Rambus common stock, showcasing the company's commitment to enhancing shareholder value through strategic initiatives.
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Rambus Initiates $50 Million Accelerated Share Repurchase Program with Royal Bank of Canada

Rambus Initiates Accelerated Share Repurchase Program

Rambus has announced the initiation of an accelerated share repurchase program in collaboration with Royal Bank of Canada, aiming to repurchase $50 million of its common stock.

Collaboration with Royal Bank of Canada

The accelerated share repurchase program is a strategic move in partnership with Royal Bank of Canada to enhance shareholder value.

  • Objective: Repurchase $50 million of its common stock

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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