Category Archives: Company News

Solitron Devices announces new web site

West Palm Beach, FL – May 30, 2017.  Solitron Devices is pleased to announce the launch of its new website at www.solitrondevices.com.

Mark Matson, President & COO, said, “Our new web site is designed to provide a clean and fresh look for our customers who are looking for information about Solitron technology, products and services.  In particular, we have taken the opportunity to highlight our new thrust in high voltage, wide band gap Silicon Carbide technology.”

Solitron Devices, Inc. Announces the expansion of its previously authorized stock repurchase program to $1 Million

July 28, 2015 – WEST PALM BEACH, FL

Solitron Devices, Inc. (OTCQB: “SODI”) announced today that it has expanded its previously announced stock repurchase program from up to $500,000 of the Company’s common stock through February 29, 2016 to up to $1,000,000 of the Company’s common stock through February 29, 2016.

Solitron Devices, Inc. Announces its intention to continue to seek out appropriate acquisition/merger candidates and to form a stockholder advisory committee

July 27, 2015 – WEST PALM BEACH, FL

Solitron Devices, Inc. (OTCQB: “SODI”) announced today that it continues to seek appropriate acquisition/merger candidates and it intends to form a Stockholder Advisory Committee.

Solitron Devices, Inc. Announces Regular Annual Cash Dividend Policy, Reiterates Commitment to Hold Annual Stockholder Meetings and Includes Copy of Letter Addressed To Stockholders of Record

July 27, 2015 – WEST PALM BEACH, FL

Solitron Devices, Inc. (OTCQB: SODI) (the “Company”) today announced that its Board of Directors has adopted a regular annual cash dividend policy. The Company expects to declare regular annual cash dividends after the end of each fiscal year. The Company has paid a cash dividend after the end of the 2014 fiscal year and the 2015 fiscal year. The declaration of each future annual cash dividend will be subject to approval by the Company’s Board of Directors and to meeting the requirements of all applicable laws. The Company also reiterates its commitment to hold annual stockholder meetings. The Company held annual stockholder meetings in 2013 and 2014 and will hold its 2015 annual stockholders’ meeting on August 4, 2015.

Solitron Devices, Inc. Announces Cash Dividend & 2014 Annual Stockholders’ Meeting

May 27, 2014 – WEST PALM BEACH, FL

Solitron Devices, Inc. (OTCBB: SODI) (the “Company”) today announced that its Board of Directors declared a cash dividend of $0.05 per share of common stock. The dividend will be paid on or about June 24, 2014 to stockholders of record as of the close of business on June 9, 2014.