Your email has been successfully added to our mailing list.

×
0 -0.0166144745998609 -0.0166144745998609 -0.000173973556019574 -0.000173973556019574 -0.000173973556019574 0.00678496868475993 -0.00056541405706343
Stock impact report

Novanta’s Board of Directors Authorizes Additional $200 Million for Share Repurchase Program

Novanta Inc. - Common Shares (NOVT) 
Last novanta inc. - common shares earnings: 2/26 06:59 am Check Earnings Report
US:NASDAQ Investor Relations: investors.novanta.com
Company Research Source: Business Wire
BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that its Board of Directors has authorized the repurchase of up to an additional $200 million of the Company’s outstanding common shares, adding capacity to the $31 million remaining from its 2020 Board authorization, for a total capacity of $231 million.“The Board’s action reflects continued confidence in the Company’s financial strength, the execution of our growth strategy, and our ability to maximize shareholder value by deploying Novanta’s cash flows to the highest returning investments available to the company,” said Robert Buckley, Chief Financial Officer. “Consistent cash flow growth is a strength of our business model. In this dynamic environment, we are pleased to be authorized to return value to our shareholders through a disciplined share repurchase program. We also intend to continue making inves Show less Read more
Impact Snapshot
Event Time:
NOVT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NOVT alerts
Opt-in for
NOVT alerts

from News Quantified
Opt-in for
NOVT alerts

from News Quantified