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Nanometrics, Inc. engages in the production of process control metrology and inspection systems used in the fabrication of semiconductors and other solid-state devices. The firm operates through the following geographical segments: South Korea; China; Singapore; United States; Taiwan; Japan; and Others. Read More Its products and solutions include semiconductor; data storage; advanced packaging; HB-LED; solar photovoltaic; and product upgrades. The company was founded by Vincent J. Coates in 1975 and is headquartered in Milpitas, CA.
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Associated PressMar 14
Nanometrics Announces $80 Million Share Repurchase Program
MILPITAS, Calif.--(BUSINESS WIRE)--Mar 14, 2019--Nanometrics Incorporated (NASDAQ: NANO), a leading provider of advanced process control systems, today announced that its board of directors has authorized the repurchase of up to $80 million of the company’s common stock. “Nanometrics’ management team and board of directors are confident in the company’s future growth prospects and are also committed to returning capital to our stockholders,” commented Bruce C. Rhine, chairman of the board of Nanometrics. “...
Seeking AlphaMar 14
Nanometrics launches $80M buyback
Nanometrics (NASDAQ:NANO) has announced an $80M share repurchase program. That follows an earlier $50M plan that was completed early last year. The company's confident in growth and committed to returning capital, says Chairman Bruce Rhine: “We continue to have a strong balance sheet and have generated $96 million in free cash flows over the past year. We believe the company has the financial position to invest for future growth, as well as fund this $80M stock repurchase program." On Dec. 29, the compan...
Stock Watch: Nanometrics (NASDAQ: NANO)
Nanometrics is in the technology sector and trades as part of the semiconductors industry. The company CEO is Pierre-Yves Lesaicherre. Nanometrics Inc along with its subsidiaries provides process control metrology and inspection systems used in the fabrication of integrated circuits, high-brightness light-emitting diode, discrete components and data storage devices. Previous Intraday Trading Performance: The NANO stock showed a previous change of -2.31% with an open at 28.95 and a close of 28.30. It reach...
Expected Apr 30, After Hours