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onsemi Board Authorizes Share Repurchase Program Of Up To $6B Over The Next Three Years; New Share Repurchase Program To Launch On January 1, 2026

Author: Benzinga Newsdesk | November 18, 2025 04:17pm

onsemi (the "Company") (NASDAQ:ON) today announced that its Board of Directors has authorized a new share repurchase program of up to $6 billion over the next three years. The new share repurchase program will launch on January 1, 2026 after the previous $3 billion authorization expires on December 31, 2025. Under the prior authorization, onsemi has repurchased $2.1 billion of its common stock over the last three years, in particular spending approximately 100% of the company's free cash flow in 2025 for share repurchase.

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