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Sapphire Substrate Supplier for LED Production to Repurchase Common Stock
Source/Type: Compound Semiconductors Online - News - Staff reports

Author: LIGHTimes Staff

November 13, 2008... Amid uncertainty in the economy, Rubicon Technology Inc., a maker of sapphire substrates and products for the LED, RFIC, semiconductor, and optical markets, announced that the board of directors has authorized a stock repurchase plan. Under the plan, the company will purchase up to $15 million of common stock over a two-year period. The repurchase program authorizes the company to repurchase shares of its common stock in the open market at times and prices considered appropriate. Company News Release,

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