Previous close | 0.3400 |
Open | 0.3400 |
Bid | 0.2500 |
Ask | 0.3300 |
Strike | 135.00 |
Expiry date | 2024-10-18 |
Day's range | 0.3400 - 0.3400 |
Contract range | N/A |
Volume | |
Open interest | 61 |
Elliott proposed in a letter to the company's board that Texas Instruments introduce a "dynamic capacity-management strategy", which would allow it to achieve free cash flow of as much as $9 a share by 2026. The company's free cash flow fell 77% to $1.47 per share in 2023, according to LSEG data. In a report earlier this year, Texas Instruments said it expects capital spending of about $5 billion a year through 2026 and projected capital expenditure of 10% to 15% of revenue in 2027 and beyond.
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Less sexy companies with long growth runways ahead of them include Texas Instruments, Dell Technologies, and Marvell Technology.