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Littelfuse, Inc. Board of Directors Authorizes New One Million Share Repurchase Program and Regular Quarterly Dividend Payment

CHICAGO, Apr 22, 2016 (BUSINESS WIRE) -- Littelfuse, Inc., LFUS, -2.60% today announced that its board of directors has approved a share repurchase program, effective May 1, 2016, that authorizes the company to buy back up to one million shares of its common stock through April 30, 2017.

The company's existing share repurchase authorization of one million shares had 650,000 shares remaining in the program as of January 2, 2016, and will expire on April 30, 2016.

Dividend Payment

The company will pay a cash dividend of $0.29 per common share on June 9, 2016 to shareholders of record at the close of business on May 26, 2016.

About Littelfuse

Founded in 1927, Littelfuse is the world leader in circuit protection with growing global platforms in power control and sensing. The company serves customers in the electronics, automotive and industrial markets with...