You are here

Cypress Announces Distribution Ratio for SunPower Class B Common Stock | Cypress Semiconductor

Cypress Announces Distribution Ratio for SunPower Class B Common Stock

최신 업데이트: 2010년 3월 9일

SAN JOSE, Calif., 2008년 9월 22일 - Cypress Semiconductor Corporation (NYSE:  CY) today announced the distribution ratio for its previously announced spin-off of the Class B Common Stock of SunPower Corporation (Nasdaq:  SPRW) that it owns.  Cypress stockholders will receive approximately 0.2742 of a share of SunPower Class B Common Stock for each share of Cypress held as of the close of trading on the NYSE on 2008년 9월 17일 (the "record date").  The distribution of the SunPower shares will be made after the close of trading on the NYSE on 2008년 9월 29일.  Cypress stockholders will receive cash in lieu of fractional shares for amounts of less than one SunPower share. 

Registered holders of Cypress common stock who are entitled to receive the distribution will receive an account statement reflecting their ownership of SunPower Class B common stock from our Transfer Agent, Computershare. For additional information, registered stockholders in the U.S. or Canada should contact Cypress's transfer agent, Computershare Trust Company at www.computershare.com/contactus, or by phone at (781) 575-2879.

Holders of Cypress common stock who hold their shares through a broker, bank or other nominee will have their brokerage account credited with the SunPower Class B common stock." For additional information, those holders should contact their broker or bank directly.

Cypress 정보

Cypress는 제품 출시 기간을 단축하고 탁월한 시스템 가치를 제공하는 프로그램 가능 고성능 혼합 신호 솔루션을 제공합니다. Cypress offerings include the PSoC® Programmable System-on-Chip™, USB controllers, general-purpose programmable clocks and memories. Cypress also offers wired and wireless connectivity solutions ranging from its WirelessUSB™ radio system-on-chip, to West Bridge™ and EZ-USB® FX2LP controllers that enhance connectivity and performance in multimedia handsets. Cypress serves numerous markets including consumer, computation, data communications, automotive, industrial, and solar power. Cypress trades on the NYSE under the ticker symbol CY. Visit Cypress online at https://www.cypress.com.

About SunPower

SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe, Australia, and Asia. For more information, visit http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).
Type: 
기업

Social Media

Twitter 팔로우

Facebook 팔로우

Follow us on LinkedIn

Follow us on Instagram

Follow us on Google+

Follow us on YouTube

Core & Code Blog