For 2011, the Company announced contract awards with a value of approximately $60.2 million. After accounting for the conversion of backlog to revenues during this period, the APC segment capital projects backlog stood at a record $30.8 million as of December 31, 2011. Subsequent to December 31, 2011, the Company has announced APC orders with a value of $4.7 million.For the year ended December 31, 2011, 701,714 shares of common stock were repurchased for approximately $4.1 million under our previously announced share repurchase program. As of December 31, 2011, we have an additional $1.9 million remaining for share repurchases through December 31, 2012.
Fuel Tech Reports 2011 Fourth Quarter And Annual Financial Results; Records Achieved In Backlog, APC Announced Bookings And Annual Revenues And Operating Income
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