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Nova shares are trading higher after the company announced a $200 million buyback plan.
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- benzinga
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Shares of semiconductor and chip companies are trading higher. The broader industry may be rallying alongside memory and storage-related peers.
Nova Announces $200M Buyback Plan
Nova (NASDAQ: NVMI) today announced that its board of directors authorized a new share repurchase program providing for the repurchase of up to $200 million of the Company's ordinary shares.