COHERENT CORP. (COHR)

Coherent Corp. engages in the development, refinement, manufacturing, and marketing of engineered materials, opto-electronic components and devices, and lasers for use in the industrial, communications, electronics, and instrumentation markets. It operates through the following segments: Networking, Materials, and Lasers. The Networking segment leverages compound semiconductor technology platforms and deep knowledge of end-user applications. The Materials segment markets engineered materials and optoelectronic devices. The Lasers segment serves industrial customers in semiconductor capital equipment, display capital equipment, precision manufacturing, and aerospace and defense, as well as instrumentation customers in life sciences and scientific research. The company was founded by Carl J. Johnson in 1971 and is headquartered in Saxonburg, PA.

Address

375 SAXONBURG BLVD
SAXONBURG, PA 16056

Founded

1971

Number of Employees

26,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$8,008 - $23 $129 $38 $85 - - - - - $1,657
Average Price $13.69 - $19.20 $33.25 $44.61 $32.86 - - - - - $13.96
# Shares Purchased 584,979 - 1,189 3,873 860 2,594 - - - - - 118,699
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 462.5% - 301.0% 131.6% 72.6% 134.3% - - - - - 451.7%
S&P 500 Return to Date 181.9% - 168.6% 129.7% 104.9% 93.1% - - - - - 135.6%
Excess Total Return 280.6% - 132.5% 1.9% -32.3% 41.2% - - - - - 316.1%
Quartile Rank
Percentile Rank 90% - 85% 75% 65% 80% - - - - - 98%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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