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AXTI Buyback image

AXT, Inc. Buyback

OLI recorded this information on 10/30/2014

Company: AXT, Inc.
Buyback: AXTI buyback
$Amount Authorized: $5,000,000
Buyback Details: AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced a program authorizing the repurchase of up to $5 million of the company's common stock.

AXT is a materials science company that develops and produces compound and single element semiconductor substrates, also known as wafers. Co.'s consolidated subsidiaries produce and sell certain raw materials some of which are used in its substrate manufacturing process and some of which are sold to other companies. Co. has two product lines: specialty material substrates and raw materials integral to these substrates. Co.'s compound substrates combine indium with phosphorous (indium phosphide) or gallium with arsenic (gallium arsenide). Co.'s single element substrates are made from germanium. Through its consolidated subsidiaries in its supply chain, Co. also sells certain raw materials.
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AXTI — Key Stats (updated 11 hours, 59 minutes ago)
Company Name:  AXT Inc
Stock buyback:  AXTI buyback
Website:  www.axt.com
Sector:  Semiconductors
Number of ETFs Holding AXTI:  3
Total Market Value Held by ETFs:  $6.81M
Total Market Capitalization:  $133.00M
% of Market Cap. Held by ETFs:  5.12%
 

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May 2, 2024  •  10:36 PM Eastern
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Avg. Broker Rec.

Strong Buy (3.80 out of 4)
72nd percentile
(ranked higher than approx. 72% of all stocks covered)

Analysts' Target Price:
AXTI Stock Forecast

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