08:47 AM EST, 12/04/2024 (MT Newswires) -- Technology shares were advancing premarket Wednesday as the Technology Select Sector SPDR Fund (XLK) was 1.4% higher and the SPDR S&P Semiconductor ETF (XSD) was up 0.6% recently.

Himax Technologies ( HIMX ) shares were up over 3% after the company said its board approved a buyback program to repurchase up to $20 million in American depositary shares.