InterDigital Increases Share Buyback Authorization to $400 Million


WILMINGTON, DE — InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, announced that the company’s Board of Directors recently authorized an increase to the outstanding amount of the company’s existing stock repurchase program by approximately $333 million to a total of $400 million.

The timing of stock repurchases and the number of shares of common stock to be repurchased will depend upon prevailing market conditions and other factors. Repurchases will be made using the company’s cash resources. The company is not obligated to make any repurchases, and any repurchase program may be commenced or suspended from time-to-time at the company’s discretion without prior notice. Repurchases may be made in the open market, through 10b5-1 programs, block purchases or otherwise.

For more information, visit

For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News.

Thanks for visiting! Looking for some Chester County pride? We got you covered! Shop our MyChesCo store and show your love for Chester County, Pennsylvania. We got shirts, hats, and more – all with a unique ChesCo flair. Plus, proceeds from each purchase helps support our mission of bringing reliable information and resources to the people of Chester County.

READ:  The Mezzanine Gallery to Exhibit Roger Matsumoto’s Printing with Palladium