Intevac announces 5.2c per share special cash dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2025
0mins
Should l Buy ?
Special Cash Dividend Announcement: Intevac will pay a one-time special cash dividend of 5.2 cents per share on March 28 to stockholders recorded by March 24, in connection with its acquisition by Seagate.
Tender Offer Details: Seagate has initiated a tender offer to acquire Intevac's common stock at $4.00 per share, expiring on March 28, and Intevac's board recommends that shareholders tender their shares without affecting their right to the dividend.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
