Nova Announces $200M Share Repurchase Program

Nova Ltd. announced a new share repurchase program authorizing the repurchase of up to $200 million of the Company’s ordinary shares. The repurchases will be funded with available cash and made through various means including open market purchases and privately negotiated transactions. The timing and volume of repurchases are subject to market conditions and the discretion of the board of directors. The program reflects confidence in Nova's long-term growth strategy and financial position. The company, a provider of material, optical, and chemical solutions for semiconductor manufacturing, will prioritize investing in its business and pursuing strategic acquisitions while maintaining flexibility for share repurchases. The announcement was made on September 2, 2026.