Vicor Corp. Begins Modified Dutch Auction Tender Offer to Buyback Up to $10M in Common Stock


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Vicor Corporation(NASDAQ: VICR) ("Vicor" or the "Company") announced today it iscommencing a "Modified Dutch Auction" tender offer to repurchaseshares of its Common Stock, at a price no greater than $5.00 pershare and no less than $4.00 per share, valued in aggregate up to $10million, as announced on March 18, 2013. The tender offer is scheduled to expire, unless extended by theCompany, at 5:00 P.M., Eastern Daylight Time, on Monday, April 22,2013. The Company will fund the purchase of tendered shares from cashon hand.

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Posted In: NewsBuybacks