Novanta board authorizes additional $200M share repurchase; total capacity $231M

NOVANTA INC

Board approved $200M additional common share repurchase authorization on Sept 17, 2025.
$31M remained under 2020 authorization; combined capacity now $231M as of Sept 18, 2025.
Repurchases may occur via open market, private deals, or accelerated agreements subject to market conditions.
No expiration date; program can be suspended or discontinued at any time at Company's discretion.
Company is not obligated to repurchase any specific amount of shares.

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