Amtech Systems (ASYS) Announces $4M Stock Repurchase Program

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Amtech Systems Announces Stock Repurchase Program

April 2, 2018 8:30 AM UTC

TEMPE, Ariz., April 2, 2018 /PRNewswire/ -- 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.

Under the program, shares may be... More