Photronics adopts shareholder rights plan to protect the availability of its net operating losses

Brookfield, conn., sept. 24, 2019 (globe newswire) -- photronics, inc. (nasdaq:plab), a worldwide leader in photomask technologies and solutions, announced today that its board of directors adopted a shareholder rights plan designed to protect the availability of photronics’ net operating loss carryforwards (“nols”) under the internal revenue code (“section 382 rights plan”).
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