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By The Online Investor Staff, updated Fri., Oct. 31, 7:06 AM

Slide #2. AXT, Inc.

Company: AXT, Inc. (NASDAQ:AXTI)
$Amount Authorized: $5,000,000
Buyback Details: AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced a program authorizing the repurchase of up to $5 million of the company's common stock.

AXT designs, develops, manufactures and distributes semiconductor substrates. Co. makes semi-insulating gallium arsenide (GaAs) substrates used in amplifiers and switches for wireless devices, and semi-conducting GaAs substrates used to create opto-electronic products including light emitting diodes, which are used to backlight wireless handsets and liquid crystal display televisions and for automotive, signage, display and lighting applications. Indium phosphide is a semiconductor substrate used in broadband and fiber optic applications. Germanium substrates are used in applications such as triple junction solar cells for space and terrestrial photovoltaic and for optical applications.
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Company Name:  AXT Inc
Sector:  Semiconductors
Number of ETFs Holding AXTI:  1
Total Market Value Held by ETFs:  $221829
Total Market Capitalization:  $71.00M
% of Market Cap. Held by ETFs:  0.31%

Open the AXTI Page at The Online Investor (in a new window) »

October 31, 2014    7:06 AM Eastern
Quotes delayed 20 minutes

Hold (2.50 out of 4)
19th percentile
(ranked lower than approx. 81% of all stocks covered)
Based on Zacks ABR data;
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