Short Take: VLSI buys stock
Chip maker VLSI Technology has repurchased 1.1 million shares of the company's common stock during the past ten days under a program authorized by its board of directors in 1996. During the ten-day period, the company's stock has dropped 37 percent, to 19-7/8 from 31-7/16.
Chip maker has
repurchased 1.1 million shares of the company's common stock during the
past ten days under a program authorized by its board of directors in 1996.
During the ten-day period, the company's stock has dropped 37 percent, to
19-7/8 from 31-7/16.