Microsemi Buys Stock in SFE Technologies
Microsemi Corp. raised its ownership in SFE Technologies, a San Fernando maker of electronic components, to 7.3% of SFE’s stock from 6%.
In a filing with the Securities and Exchange Commission, Microsemi, a Santa Ana producer of semiconductor equipment, said it bought 85,931 additional SFE shares, giving it a total of 487,261 shares. SFE has 6.68 million total shares outstanding.
The latest shares were purchased between Dec. 21 and Jan. 12, at prices ranging from 62 cents to 81 cents a share, Microsemi said. The company said it purchased the stock as an investment.
