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ASYS Buyback image

Amtech Systems, Inc. Buyback

OLI recorded this information on 4/2/2018

Company: Amtech Systems, Inc.
Buyback: ASYS buyback
$Amount Authorized: $4,000,000
Buyback Details: Amtech Systems, Inc. (NASDAQ: ASYS), a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets, today announced that its Board of Directors has authorized a new stock repurchase program of up to $4 million of the company's outstanding common stock, par value $0.01 per share. This new program will commence immediately and is expected to be completed over the next 12 months. As of December 31, 2017, Amtech had approximately 14.9 million shares of common stock outstanding.

Amtech Systems is a manufacturer of capital equipment. Co. operates in two reportable business segments: Semiconductor, which supplies thermal processing equipment, including solder reflow ovens, horizontal diffusion furnaces, and custom high-temp belt furnaces for use by semiconductor, electronics and electro/mechanical assembly manufacturers; and Material and Substrate, which produces substrate consumables, chemicals and machinery for lapping (fine abrading) and polishing of materials, such as silicon wafers for semiconductor products, sapphire wafers for light-emitting diodes applications, and compound substrates, like silicon carbide wafers, for power device applications.
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ASYS — Key Stats (updated 18 hours, 30 minutes ago)
Company Name:  Amtech Systems, Inc.
Stock buyback:  ASYS buyback
Website:  www.amtechsystems.com
Sector:  Semiconductors
Number of ETFs Holding ASYS:  3
Total Market Value Held by ETFs:  $3.22M
Total Market Capitalization:  $69.00M
% of Market Cap. Held by ETFs:  4.66%
 

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April 19, 2024  •  5:00 AM Eastern
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Buy (3.00 out of 4)
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