SAN JOSE, CA, APRIL 23, 1998 -- Xilinx, Inc. (NASDAQ:XLNX) today announced that its Board of Directors has authorized a stock repurchase program whereby up to 3,000,000 shares of its common stock may be purchased in the open market from time to time as market and business conditions warrant.
"We believe Xilinx stock continues to represent an attractive long term investment," said the company's chief executive officer, Wim Roelandts. "After the successful completion of our 2,000,000 share repurchase program, we determined that authorizing an additional program was an excellent way to demonstrate our continued commitment to enhancing shareholder value."
Copies of financial literature, including this release, are available
via fax or voice recording by dialing Xilinx's shareholder service line
at 1-800-836-4002. Investor information is also available on the Investor
Relations Web site at www.investor.xilinx.com
.
Xilinx is the leading innovator of complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions delivered as cores, and unparalleled field engineering support. Founded in 1984 and headquartered in San Jose, Calif., Xilinx invented the field programmable gate array (FPGA) and commands more than half of the world market for these devices today. Xilinx solutions enable customers to reduce significantly the time required to develop products for the computer, peripheral, telecommunications, networking, industrial control, instrumentation, high-reliability/military, and consumer markets. For more information, visit the Xilinx web site at www.xilinx.com.
Xilinx is a registered trademark of Xilinx, Inc. Other brands or product names are trademarks or registered trademarks of their respective owners.
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