KLA-TENCOR CORPORATION

KLA-Tencor Reports Fiscal 2019 Third Quarter Results

Retrieved on: 
Monday, May 6, 2019

The non-GAAP and supplemental information is provided to enhance the user's overall understanding of our operating performance and our prospects in the future.

Key Points: 
  • The non-GAAP and supplemental information is provided to enhance the user's overall understanding of our operating performance and our prospects in the future.
  • The non-GAAP information is among the budgeting and planning tools that management uses for future forecasting.
  • Management believes excluding these items helps investors compare our operating performances with our results in prior periods as well as with the performance of other companies.
  • Management believes excluding these items helps investors compare our operating performance with our results in prior periods as well as with the performance of other companies.

KLA Declares Regular Cash Dividend

Retrieved on: 
Friday, May 3, 2019

MILPITAS, Calif., May 3, 2019 /PRNewswire/ -- KLA-TencorCorporation (NASDAQ: KLAC) announced today that its board of directors has declared a quarterly cash dividend of $0.75 per share on its common stock, payable on June 4, 2019 to KLA shareholders of record as of the close of business on May 15, 2019.

Key Points: 
  • MILPITAS, Calif., May 3, 2019 /PRNewswire/ -- KLA-TencorCorporation (NASDAQ: KLAC) announced today that its board of directors has declared a quarterly cash dividend of $0.75 per share on its common stock, payable on June 4, 2019 to KLA shareholders of record as of the close of business on May 15, 2019.
  • KLA develops industry-leading equipment and services that enable innovation throughout the electronics industry.
  • We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays.
  • In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward.

KLA Receives Intel's Preferred Quality Supplier Award

Retrieved on: 
Wednesday, March 27, 2019

MILPITAS, Calif., March 27, 2019 /PRNewswire/ -- KLA-TencorCorporation (NASDAQ: KLAC) is proud to announce that the company has received the Intel 2018 Preferred Quality Supplier (PQS) award, withDistinguished Performance in Safety, for its process control capital equipment and services.

Key Points: 
  • MILPITAS, Calif., March 27, 2019 /PRNewswire/ -- KLA-TencorCorporation (NASDAQ: KLAC) is proud to announce that the company has received the Intel 2018 Preferred Quality Supplier (PQS) award, withDistinguished Performance in Safety, for its process control capital equipment and services.
  • "As we grow into new markets with evolving and expanding product quality and performance requirements, these suppliers continue to rise to the challenge to collaborate, innovate and win together."
  • Suppliers must also achieve 80 percent or higher on a challenging continuous improvement plan, and demonstrate solid quality and business systems.
  • The Distinguished Performance in Safety award honors companies for investing in and implementing relevant programs, maintaining transparency and supporting the supply chain.

KLA Prices Senior Notes Offering

Retrieved on: 
Thursday, March 14, 2019

MILPITAS, Calif., March 13, 2019 /PRNewswire/ --KLA-Tencor Corporation (NASDAQ: KLAC) today announced it has entered into a firm commitment underwriting agreement on March 13, 2019 to sell $800 million aggregate principal amount of its 4.10% Senior Notes due 2029 (the "2029 Notes") and $400 million aggregate principal amount of its 5.00% Senior Notes due 2049 (the "2049 Notes" and, together with the 2029 Notes, the "notes") under an automatic shelf registration statement on file with the Securities and Exchange Commission (the "SEC").

Key Points: 
  • MILPITAS, Calif., March 13, 2019 /PRNewswire/ --KLA-Tencor Corporation (NASDAQ: KLAC) today announced it has entered into a firm commitment underwriting agreement on March 13, 2019 to sell $800 million aggregate principal amount of its 4.10% Senior Notes due 2029 (the "2029 Notes") and $400 million aggregate principal amount of its 5.00% Senior Notes due 2049 (the "2049 Notes" and, together with the 2029 Notes, the "notes") under an automatic shelf registration statement on file with the Securities and Exchange Commission (the "SEC").
  • The 2029 Notes will bear interest at a rate of 4.10% per year and the 2049 Notes will bear interest at a rate of 5.00% per year.
  • KLA estimates that the net proceeds of the offering of notes, after deducting underwriter discounts and other estimated offering expenses, will be approximately $1.18 billion.
  • KLA has filed an effective registration statement (including a preliminary prospectus supplement and accompanying base prospectus) with the SEC for the offering to which this communication relates.

KLA Announces Offering Of Senior Notes

Retrieved on: 
Wednesday, March 13, 2019

KLA intends to use the net proceeds of the offering of senior notes to partially refinance its existing debt, including borrowings under its existing credit agreement, to repurchase shares, and for general corporate purposes.

Key Points: 
  • KLA intends to use the net proceeds of the offering of senior notes to partially refinance its existing debt, including borrowings under its existing credit agreement, to repurchase shares, and for general corporate purposes.
  • J.P. Morgan Securities LLC is acting as the sole active book-running manager of the offering.
  • KLA has filed an effective registration statement (including a preliminary prospectus supplement and accompanying base prospectus) with the SEC for the offering to which this communication relates.
  • Before you invest, you should read the effective registration statement (including the preliminary prospectus supplement and accompanying base prospectus) for more complete information about KLA and this offering.

KLA Completes Acquisition of Orbotech Ltd.

Retrieved on: 
Wednesday, February 20, 2019

MILPITAS, Calif., Feb. 20, 2019 /PRNewswire/ -- KLA-Tencor Corporation (NASDAQ: KLAC) today announced the completion of the acquisition of Orbotech Ltd. (NASDAQ: ORBK).

Key Points: 
  • MILPITAS, Calif., Feb. 20, 2019 /PRNewswire/ -- KLA-Tencor Corporation (NASDAQ: KLAC) today announced the completion of the acquisition of Orbotech Ltd. (NASDAQ: ORBK).
  • "We are very pleased to have completed the acquisition of Orbotech," said Rick Wallace, president and CEO of KLA.
  • Mr. Wallace continued, "We welcome the talent and experience that Orbotech employees bring to the KLA team.
  • As previously announced, in conjunction with this acquisition, the board of directors has authorized an additional $1 billion share repurchase program.

KLA Receives Antitrust Clearance for the Proposed Merger with Orbotech Ltd. in the People's Republic of China; Announces Expected Closing Date

Retrieved on: 
Monday, February 18, 2019

KLA and Orbotech expect to close the merger on Feb. 20, 2019.

Key Points: 
  • KLA and Orbotech expect to close the merger on Feb. 20, 2019.
  • Orbotech Ltd. is a leading global supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products.
  • Additional Information and Where to Find It:
    This press release is provided in respect of a proposed business combination involving KLA and Orbotech Ltd. ("Orbotech").
  • The proposed transaction was submitted to the shareholders of Orbotech for their consideration through the proxy statement/prospectus described below.

KLA-Tencor Corporation Appoints Victor Peng to Board of Directors

Retrieved on: 
Friday, February 1, 2019

MILPITAS, Calif., Feb. 1, 2019 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced the appointment of Victor Peng to its board of directors.

Key Points: 
  • MILPITAS, Calif., Feb. 1, 2019 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced the appointment of Victor Peng to its board of directors.
  • Mr. Peng is president and chief executive officer of Xilinx, where he also serves as a member of the board of directors.
  • "We're excited to have Victor Peng join the KLA board," commented Edward W. (Ned) Barnholt, chairman of the board of KLA Corporation.
  • Peng joined Xilinx in 2008 and was named president and CEO of the company in January of 2018.

KLA-Tencor Declares Regular Cash Dividend

Retrieved on: 
Thursday, January 31, 2019

MILPITAS, Calif., Jan. 31, 2019 /PRNewswire/ -- KLA-Tencor Corporation (NASDAQ: KLAC) announced today that its board of directors has declared a quarterly cash dividend of $0.75 per share on its common stock, payable on March 1, 2019 to KLA-Tencor stockholders of record as of the close of business on Feb. 15, 2019.

Key Points: 
  • MILPITAS, Calif., Jan. 31, 2019 /PRNewswire/ -- KLA-Tencor Corporation (NASDAQ: KLAC) announced today that its board of directors has declared a quarterly cash dividend of $0.75 per share on its common stock, payable on March 1, 2019 to KLA-Tencor stockholders of record as of the close of business on Feb. 15, 2019.
  • KLA-Tencor Corporation (aka "KLA Corporation" or "KLA") develops industry-leading equipment and services that enable innovation throughout the electronics industry.
  • We provide advanced process control solutions for manufacturing wafers and reticles, integrated circuits and packaging.
  • In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward.

KLA-Tencor Reports Fiscal 2019 Second Quarter Results

Retrieved on: 
Tuesday, January 29, 2019

The non-GAAP and supplemental information is provided to enhance the user's overall understanding of our operating performance and our prospects in the future.

Key Points: 
  • The non-GAAP and supplemental information is provided to enhance the user's overall understanding of our operating performance and our prospects in the future.
  • The non-GAAP information is among the budgeting and planning tools that management uses for future forecasting.
  • Management believes excluding these items helps investors compare our operating performances with our results in prior periods as well as with the performance of other companies.
  • Management believes excluding these items helps investors compare our operating performance with our results in prior periods as well as with the performance of other companies.