Coherent (COHR) Buys 1.8% of Total Outstanding Following Recent 'Dutch Auction'
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Coherent, Inc. (Nasdaq: COHR) reports the final results of its "Dutch Auction" tender offer.
Based on the final count by the depositary for the tender offer, Coherent accepted for payment an aggregate of 454,682 shares of its common stock at a purchase price of $59.00 per share. These shares represent approximately 1.8% percent of the shares issued and outstanding. The depositary will promptly pay for the shares accepted for purchase.
Based on the final count by the depositary for the tender offer, Coherent accepted for payment an aggregate of 454,682 shares of its common stock at a purchase price of $59.00 per share. These shares represent approximately 1.8% percent of the shares issued and outstanding. The depositary will promptly pay for the shares accepted for purchase.
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