Analog Devices Shareholder Rights Plan Terminated

20 octobre 2021 Pierre Perrin-Monlouis

Norwood, MA(1/25/2006) – Analog Devices, Inc. (NYSE: ADI) announced today that, as part of the company’s continuing efforts to employ best practices in corporate governance, its Board of Directors has voted to terminate the shareholder rights plan (commonly known as a “poison pill”) adopted in 1998 and to redeem all outstanding rights under the plan. The company will buy back the rights at the redemption price of $0.0005 per share payable in cash on March 15, 2006 to the holders of ADI’s common stock as of the record date of February 24, 2006.

About Analog Devices
Innovation, performance, and excellence are the cultural pillars on which Analog Devices has built one of the longest standing, highest growth companies within the technology sector. Acknowledged industry-wide as the world leader in data conversion and signal conditioning technology, Analog Devices serves over 60,000 customers, representing virtually all types of electronic equipment. Celebrating 40 years as a leading global manufacturer of high-performance integrated circuits used in analog and digital signal processing applications, Analog Devices is headquartered in Norwood, Massachusetts, with design and manufacturing facilities throughout the world. Analog Devices’ common stock is listed on the New York Stock Exchange under the ticker “ADI” and is included in the S&P 500 Index.

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