Advanced Energy Industries, Inc. Buyback
OLI recorded this information on 11/6/2015
Company:
Advanced Energy Industries, Inc.
Buyback:
AEIS buyback
$Amount Authorized:
$150,000,000
Buyback Details:
Advanced Energy Industries, Inc. (Nasdaq:AEIS) announced today it has entered into an Accelerated Share Repurchase ("ASR") program in keeping with the company's overall capital deployment strategy, as described in its press release dated September 16, 2015.
Advanced Energy Industries designs, manufactures, sells and supports precision power products that transform, refine and modify the raw electrical power from the utility and convert it into usable power. Co. serves original equipment manufacturers and end customers in a range of semiconductor and industrial technology applications with a range of embedded power products. Co.'s embedded power products are solutions designed to provide power in applications across a variety of industrial technology applications such as telecommunication and networking equipment, data center servers and storage systems, medical equipment, robotics, motion control and test and measurement equipment.
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Avg. Broker Rec.
  
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Buy (2.67 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: AEIS Stock Forecast Based on Zacks ABR data; powered by Xignite |
