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Advanced Energy plans $150M stock buy-back

2015-09-17 21:31:40| Semiconductors - Topix.net

Advanced Energy Industries Inc. on Wednesday announced plans to repurchase up to $150 million of its common stock over the next 30 months as part of a larger capital deployment strategy. Officials for the company outlined a four-pronged capital deployment strategy that includes: organic investment to grow its semiconductor business; acquisitions to increase the company's market share with a focus on industrial products and applications; share repurchases; and a more flexible capital structure.

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Category:Electronics and Electrical

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