Kulicke & Soffa Raises Quarterly Dividend; Expands Repurchase Authorization

About this update from Kulicke And Soffa Industries, Inc.

Fifth Consecutive Annual Dividend Raise; Quarterly Dividend Increased to $0 .205 New $300 Million Share Repurchase Program SINGAPORE , Nov. 13, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.205 per share of common stock, representing a $0.005 increase over its most recent dividend. This dividend raise highlights the Company's commitment to a consistent shareholder return strategy and will be included in the January 7, 2025 dividend payable to holders of record as of the close of business on December 19, 2024 . In addition to the quarterly dividend increase, K&S expanded its shareholder return activities with a new $300 million share repurchase program authorized by its Board of Directors. This new program will begin after the completion of the Company's existing $800 million share repurchase program. At the completion of the 2024 fiscal year, the existing repurchase program – originally announced on August 15, 2017 – had $30.3 million of authorization remaining and is expected to be completed during the Company's fiscal first quarter 2025, ending December 28, 2024 . Cumulatively, since the announcement of the Company's initial repurchase program on August 27, 2014 , K&S has repurchased a total of 30.2 million shares at an average price of approximately $28.75 per share in open market transactions. About Kulicke & Soffa Founded in 1951, Kulicke & Soffa specializes in developing cutting-edge semiconductor and electronics assembly solutions enabling a smart and more sustainable future. Our ever-growing range of products and services supports growth and facilitates technology transitions across large-scale markets, such as advanced display, automotive, communications, compute, consumer, data storage, energy storage and industrial. Contacts: Kulicke & Soffa Marilyn Sim Public Relations P: +65-6880-9309 [email protected] Kulicke & Soffa Joseph Elgindy Finance P: +1-215-784-7500 [email protected] View original content: https://www.prnewswire.com/news-releases/kulicke--soffa-raises-quarterly-dividend-expands-repurchase-authorization-302304500.html SOURCE Kulicke & Soffa Industries, Inc.

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