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XLNX Xilinx Inc

194.92
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Xilinx Inc NASDAQ:XLNX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 194.92 214.41 188.11 0 00:00:00

Xilinx Board Declares Special Dividend, Conditioned on AMD Merger

26/01/2022 10:34pm

Dow Jones News


Xilinx (NASDAQ:XLNX)
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By Stephen Nakrosis

 

Xilinx Inc. on Wednesday said its board approved a special dividend that will only be payable if the company's previously announced merger with Advanced Micro Devices Inc. isn't closed by the record date of the dividend.

Xilinx said, "As previously announced, the parties believe that the transaction will close in the first quarter of 2022."

The special dividend of 37 cents per common share would be payable on Feb. 14 to shareholders of record at the close of business on Feb. 7, the company said.

In October 2020, Advanced Micro Devices said it planned to buy rival chip maker Xilinx in a $35 billion all-stock deal.

After the bell, Xilinx reported third-quarter earnings per share of $1.19 on revenue of $1.01 billion. In the year-ago period, the company reported earnings per share of 69 cents on revenue of $803 million.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 26, 2022 17:19 ET (22:19 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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