Tranche Update on Novanta Inc.'s Equity Buyback Plan announced on November 6, 2018.
August 10, 2021 at 09:32 am EDT
Share
From April 3, 2021 to July 2, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 184,512 shares, representing 0.53% for $15.5 million under the buyback announced on November 6, 2018.
Novanta Inc. is a supplier of core technology solutions, which give medical and advanced industrial original equipment manufacturers. The Company has three segments. Precision Medicine and Manufacturing segment designs, manufactures and markets photonics-based solutions, including laser scanning, laser beam delivery, carbon dioxide laser, solid state laser, ultrafast laser, and optical light engine products to customers worldwide. Medical Solutions segment designs, manufactures and markets a range of medical grade technologies, including medical insufflators, pumps and related disposables; visualization solutions; wireless technologies, video recorders and video integration technologies, and others. Robotics and Automation segment designs, manufactures and markets optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, and air bearing spindles to customers worldwide.
NOVANTA INC. 
