TXN Jan 2026 120.000 call
| Previous close | 63.46 |
| Open | 63.46 |
| Bid | 81.70 |
| Ask | 86.35 |
| Strike | 120.00 |
| Expiry date | 2026-01-16 |
| Day's range | 63.46 - 63.46 |
| Contract range | N/A |
| Volume | |
| Open interest | 9 |
- Yahoo Finance Video
Texas Instruments gets $2.5B investment from Elliott
Texas Instruments (TXN) has received a $2.5 billion investment from Elliott Investment Management. However, Elliott's investment extends beyond just financial backing. The hedge fund has also employed a "dynamic capacity management strategy" to propel the semiconductor company toward achieving positive free cash flow by 2026. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
BloombergElliott Takes $2.5 Billion Aim at Texas Instruments’ Cash Flow
(Bloomberg) -- Activist investor Elliott Investment Management has invested more than $2.5 billion in Texas Instruments Inc. and is pushing the chipmaker to improve its free cash flow.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaStocks Fluctuate at Start of Data-Packed
ReutersActivist investor Elliott discloses $2.5 billion stake in Texas Instruments
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.
