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Stock Market & Financial Investment News

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August 15, 2014
07:04 EDTACTSActions Semiconductor to conduct Dutch auction tender offer for shares
Actions Semiconductor expects to commence a "Dutch auction" tender offer in August to purchase for cash up to 60,000,000 of its issued and outstanding ordinary shares, which represents, as of August 10, approximately 14.6% of Actions Semiconductor's outstanding ordinary shares, $0.000001 par value per share, at a purchase price not greater than $7/15 per Share or $2.80 per ADS, nor less than $5/12 per Share or $2.50 per ADS. The company will select the lowest single per Share purchase price or per ADS purchase price, as applicable, that will allow it to buy up to 60,000,000 issued and outstanding Shares at completion of the tender offer. The company has indicated, however, that there is no guarantee that it will proceed with the tender offer or that Shares or ADSs tendered will be purchased. The tender offer will be subject to the terms and conditions described in the offer to purchase and the related materials that will be distributed to holders of the Securities and filed with the SEC on or around August 20.
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September 19, 2014
07:03 EDTACTSActions Semiconductor announces preliminary results of tender offer
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