Immersion Corporation Announces Management Changes
Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported management changes, a special cash dividend and a new stock repurchase program.
- Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported management changes, a special cash dividend and a new stock repurchase program.
- Francis Jose will return to the role of General Counsel and oversee the Company’s ongoing intellectual property licensing efforts.
- In addition, Immersion’s Board of Directors approved a new stock repurchase program of up to $50.0 million for 2023.
- The stock repurchase program allows for the repurchase of up to $50 million of Immersion common stock for a period of up to 12 months.