Xconomy » repurchase programs http://www.xconomy.com Business + Technology in the Exponential Economy Fri, 10 Feb 2012 21:03:04 +0000 http://wordpress.org/?v=3.0.4 en hourly 1 http://wordpress.org/?v=3.0.4 Kopin to Repurchase $15M in Stock http://www.xconomy.com/boston/2008/12/09/kopin-to-repurchase-15m-in-stock/ Tue, 09 Dec 2008 16:54:19 +0000 Wade Roush http://www.xconomy.com/?p=6765 Wade Roush

Kopin Corp. (NASDAQ: KOPN), a Taunton, MA, semiconductor manufacturer that makes tiny LCD displays for devices such as MyVu’s wearable displays, said yesterday that it plans to use cash on hand to buy back up to $15 million in company stock. Kopin CEO John Fan said in a statement that the company believes its stock (which is trading today in the neighborhood of $2.14 per share) is “currently undervalued” and that the repurchase program is “a prudent use of capital that underscores our commitment to building long-term value for our shareholders.”

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