is the latest in a ballooning number of companies to disclose it has been contacted by the
Securities and Exchange Commission
for information about its stock options practices.
The SEC asked the company for information on option grants made to its executive officers, directors and employees since Jan. 1, 1997. The company said it will cooperate with the SEC's request.
Sanmina-SCI said it grants options to its executive officers during the compensation committee's annual review. Outside directors receive annual options grants effective on the first business day of October every year.
Like many of its peers, the company said it also is conducting its own internal investigation of the matter in response to analyst and media attention.
The electronics manufacturing company made the announcement in a press release on Friday after the market closed.
After hours, Sanmina shares lost 3 cents, or 0.7%, to $4.52. The stock dipped 7 cents, or 1.5% to $4.55 during regular trading.