Edition:
United States

ON Semiconductor Corp (ON.OQ)

ON.OQ on NASDAQ Stock Exchange Global Select Market

19.51USD
3:59pm EST
Change (% chg)

$0.15 (+0.77%)
Prev Close
$19.36
Open
$19.42
Day's High
$19.73
Day's Low
$19.42
Volume
854,188
Avg. Vol
1,528,506
52-wk High
$22.15
52-wk Low
$11.96

Latest Key Developments (Source: Significant Developments)

On Semiconductor Says Co Entered Into Third Amendment To Credit Agreement, Dated As Of April 15, 2016
Monday, 4 Dec 2017 06:18am EST 

Dec 4 (Reuters) - On Semiconductor Corp ::ON SEMICONDUCTOR CORP - ON NOV 30, CO ENTERED INTO THIRD AMENDMENT TO CREDIT AGREEMENT, DATED AS OF APRIL 15, 2016- SEC FILING‍​.ON SEMICONDUCTOR - THIRD AMENDMENT PROVIDES TO, AMONG OTHER THINGS, REDUCE INTEREST RATE PAYABLE UNDER TERM LOAN 'B' FACILITY - SEC FILING.ON SEMICONDUCTOR CORP - ‍THIRD AMENDMENT PROVIDES FOR TO INCREASE AMOUNT THAT MAY BE BORROWED PURSUANT TO REVOLVING CREDIT FACILITY TO $1.0 BILLION​‍​.ON SEMICONDUCTOR CORP - IN CONNECTION WITH THIRD AMENDMENT, CO PREPAID $400.0 MILLION OF BORROWINGS UNDER TERM LOAN “B” FACILITY.  Full Article

ON semiconductor reports Q3 earnings per share $0.25
Sunday, 5 Nov 2017 02:00pm EST 

Nov 5 (Reuters) - ON Semiconductor Corp ::ON semiconductor reports third quarter 2017 results.Q3 revenue $1.391 billion versus i/b/e/s view $1.37 billion.Sees q4 2017 revenue about $1.325 billion to $1.375 billion.ON semiconductor corp-qtrly earnings per share $0.25 ‍​.  Full Article

Fujitsu Semiconductor and ON Semiconductor announce increased strategic partnership
Tuesday, 10 Oct 2017 02:00am EDT 

Oct 10 (Reuters) - ON Semiconductor Corp ::Fujitsu Semiconductor and ON Semiconductor announce increased strategic partnership.ON Semiconductor Corp says ‍agrees to purchase 30 percent incremental share of Fujitsu's 8-inch wafer fab in Aizu-Wakamatsu​.ON Semiconductor Corp says ‍plans to increase stake to 60 percent by second half of 2018 and full ownership in first half of 2020​.  Full Article

ON Semiconductor's board elects Alan Campbell as chairman
Wednesday, 17 May 2017 05:58pm EDT 

May 17 (Reuters) - ON Semiconductor Corp :ON Semiconductor's board elects alan campbell as chairman of the board.Alan Campbell to succeed J. Daniel McCranie as chairman of board.  Full Article

ON Semiconductor reports Q1 earnings per share $0.18
Sunday, 7 May 2017 03:00pm EDT 

May 7 (Reuters) - ON Semiconductor Corp :ON Semiconductor reports first quarter 2017 results.Q1 revenue $1.437 billion versus I/B/E/S view $1.24 billion.Sees Q2 2017 revenue about $1.285 billion to $1.335 billion.Qtrly diluted earnings per share $0.18.Says backlog levels for Q2 of 2017 represent approximately 80 to 85 percent of anticipated q2 2017 revenue.Q1 earnings per share view $0.25 -- Thomson Reuters I/B/E/S.Q2 revenue view $1.28 billion -- Thomson Reuters I/B/E/S.  Full Article

On Semiconductor Corp makes changes to distributor revenue recognition
Tuesday, 4 Apr 2017 05:00pm EDT 

On Semiconductor Corp : On Semiconductor Corp announces changes to distributor revenue recognition . On Semiconductor Corp - does not expect transition to "sell-in" method to have any material impact to co's results for quarter ended march 31, 2017 . On Semiconductor Corp - revenue recognition will occur at time company ships products to distributors starting with q1 of 2017 .On Semiconductor Corp - expects to recognize one-time adjustments to various line items in consolidated statement of operations for quarter ended March 31, 2017.  Full Article

On Semiconductor CEO Keith Jackson's FY 2016 total compensation was $8.73 mln - SEC Filing
Monday, 27 Mar 2017 05:28pm EDT 

On Semiconductor Corp :CEO Keith D. Jackson's FY 2016 total compensation was $8.73 million versus $7.93 million in FY 2015 - SEC Filing.  Full Article

ON Semiconductor announces proposed private offering of $500 mln of convertible senior notes
Monday, 13 Mar 2017 04:01pm EDT 

ON Semiconductor Corp : ON Semiconductor announces proposed private offering of $500 million of convertible senior notes . ON Semiconductor Corp - intends to offer, $500 million aggregate principal amount of convertible senior notes due 2023 in a private offering .ON Semiconductor Corp - intends to use proceeds from offering of notes to repay portion of its outstanding indebtedness under its term loan b facility.  Full Article

On Semiconductor announces redemption of its 2.625% convertible senior subordinated notes
Thursday, 17 Nov 2016 04:20pm EST 

On Semiconductor Corp : Redemption amounting to an aggregate principal amount of $356.93 million . On Semiconductor expects to fund payment of this redemption using available liquidity . Redemption date will be december 20 .On Semiconductor announces redemption of its 2.625% convertible senior subordinated notes due 2026, series b.  Full Article

On Semiconductor announces refinancing of secured debt facilities
Friday, 30 Sep 2016 11:02am EDT 

On Semiconductor : On Semiconductor announces refinancing of secured debt facilities . Transaction replaces, refinances in full senior secured term loans with new tranche of refinancing term loans with 1.25% reduction . Refinancing amends debt facilities to refinance term loans with new tranche of refinancing term loans .Refinancing transaction increases size of its senior secured term loan facility by $200 million to a total aggregate amount of $2.4 billion.  Full Article

BRIEF-On Semiconductor Says Co Entered Into Third Amendment To Credit Agreement, Dated As Of April 15, 2016

* ON SEMICONDUCTOR CORP - ON NOV 30, CO ENTERED INTO THIRD AMENDMENT TO CREDIT AGREEMENT, DATED AS OF APRIL 15, 2016- SEC FILING‍​