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Veeco News

Veeco Instruments to buy back up to $200M in stock
Veeco Instruments Inc. said Tuesday that its board approved a plan to buy back as much as $200 million worth of its common shares in the next year.Veeco, which makes precision manufacturing products, said the buybacks will be made either in open-market or privately negotiated deals.The company currently has about 40.9 million shares outstanding.Veeco shares rose 88 cents, or 2.8 percent, to $31.90