GlobalFoundries Board Approved A Share Buyback Of Up To $500M Of Its Common Stock

GlobalFoundries Inc. -1.11%

GlobalFoundries Inc.

GFS

43.75

-1.11%

GF also announced today that its Board of Directors has approved a share repurchase authorization of up to $500 million of its common stock.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.