Kopin Corp. (KOPN) announced that its Board has authorized the repurchase of up to $30 million of the Company's common stock.
The company said it intends to finance the repurchase program with available cash. The company noted that it plans to buy shares in the open market or through privately negotiated transactions from time to time over the next 12 months, subject to market conditions and other factors and in compliance with applicable legal requirements. Kopin has approximately 66.5 million shares of common stock outstanding. On March 15, 2013, the Company's common stock closed at $3.58 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.