Semtech Declares 2-for-1 Stock Split
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Semtech Corp. in Newbury Park has declared a two-for-one stock split.
The split will entail a 100% stock dividend to shareholders of record as of today. Certificates related to the split will be issued about Jan. 12. After the stock split there will be about 14 million Semtech shares outstanding, double the previous number.
Semtech supplies circuitry for portable phones, modems, computers and peripherals, television set-top boxes and automated test equipment for the semiconductor industry.
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