By Elias Schisgall
Shares of Lattice Semiconductor gained after the chip maker's board of directors authorized the repurchase of $250 million of stock.
The stock climbed 6.4%, to $80.71, midday Friday and has gained 42% year-to-date.
"Our strong financial position allows us to return capital to shareholders while continuing to make investments to strengthen our market leadership in Small and Mid-Range FPGAs and drive our Companion Chip strategy," Chief Financial Officer Lorenzo Flores said.
The share-repurchase program is effective immediately and has no end date, the company said.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
December 05, 2025 12:22 ET (17:22 GMT)
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