KLA-Tencor Announces Share Repurchase Program
Thursday October 10, 5:38 pm ET
SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 10, 2002--KLA-Tencor Corporation (Nasdaq:KLAC - News) today announced that it is continuing its systematic repurchase plan with the authorization to repurchase up to an additional five million shares of its common stock. This repurchase plan is a continuing, systematic plan, whose purpose is to partially offset dilution created by employee stock option and stock purchase plans. The Company also announced that it recently completed the repurchase of the prior authorization of 8.9 million shares announced in November 2000.
About KLA-Tencor: KLA-Tencor is the world leader in yield management and process control solutions for semiconductor manufacturing and related industries. Headquartered in San Jose, Calif., the company has sales and service offices around the world. An S&P 500 company, KLA-Tencor is traded on the Nasdaq National Market under the symbol KLAC. Additional information about the company is available on the Internet at kla-tencor.com.
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Contact:
KLA-Tencor Corporation
John Kispert, 408/875-6224
Chief Financial Officer
john.kispert@kla-tencor.com
or
Kern Beare, 408/875-7039 (Media)
Vice President, Corporate Communications
kern.beare@kla-tencor.com
or
Rahul Mathur, 408/875-4094 (Investment Community)
Manager, Investor Relations
rahul.mathur@kla-tencor.com |
