Novanta Inc. is a publicly owned company founded in 1968 with headquarters in the United States. Employing approximately 1900 people, Novanta manufactures photonic and motion-control components. These components are primarily supplied to original equipment manufacturers (OEMs) within the medical equipment and industrial technology sectors. The company's manufacturing activities encompass appliances, electrical, and electronics.
Appliances, Electrical, and Electronics Manufacturing
Ownership
Publicly Owned
News Summary:
On September 15, 2025, Barbara Hulit resigned from the Board of Directors, Audit Committee, and Environmental Social and Governance Committee, effective November 1, 2025. Her resignation was not due to any disagreements with the company. Separately, the board authorized an additional $200 million for a share repurchase program on two occasions. The first announcement, increasing the total authorization to $231 million, added to the $31 million remaining from a 2020 authorization. A subsequent announcement on September 18, 2025, increased the total authorization to $250 million.
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