BTU International (BTUI) Announces $1.5M Buyback Program
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BTU International (Nasdaq: BTUI) today announced that its Board of Directors yesterday authorized the purchase, from time to time over the next twelve months, of up to $1.5 million of the Company’s Common Stock. The repurchases will be used to offset dilution from the Company’s employee equity plans.
BTU International, Inc., together with its subsidiaries, engages in the design, manufacture, sale, and service of thermal processing systems that are used in the manufacturing processes, primarily in the electronics and alternate energy industries.
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