Entegris buying back $150M of shares

August 31, 2006 – Entegris Inc. says it will repurchase up to $150 million of its common stock over the next 12-18 months, about 10% of its total market capitalization.

The company said it will repurchase $100 million of its stock from Goldman, Sachs & Co., with the rest coming from open-market or private transactions “from time to time.” As of July 1, Entegris had cash, cash equivalents, and short-term investments worth approximately $311 million, and 140 million shares outstanding.

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