Intevac Announces Details of Special Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2025
0mins
Source: Businesswire
Dividend Announcement: Intevac, Inc. will pay a one-time special cash dividend of $0.052 per share on March 28, 2025, to stockholders of record as of March 24, 2025, in connection with its proposed acquisition by Seagate Technology Holdings plc.
Tender Offer Details: Seagate has initiated a tender offer to acquire all outstanding shares of Intevac for $4.00 per share, set to expire on March 28, 2025, with Intevac's Board recommending that stockholders tender their shares.
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.
