Universal Display Corporation Announces $400 Million Share Repurchase Authorization and Quarterly Cash Dividend of $0.50 per Share
Universal Display Corporation (NASDAQ: OLED) has announced a new $400 million share repurchase authorization, building on a fully utilized previous program. The company also declared a quarterly cash dividend of $0.50 per share payable on June 30, 2026, to shareholders of record on June 16, 2026. These actions underscore the company's commitment to returning capital to shareholders, supported by its strong free cash flow and confidence in the long-term growth of OLED technology.