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Daktronics Expands Stock Buyback Program by $10 Million

Story Highlights
  • Daktronics authorized an additional $10 million for its stock buyback program.
  • The company plans to repurchase shares based on market conditions, with no guaranteed amount.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Daktronics ( (DAKT) ) just unveiled an update.

On March 4, 2025, Daktronics, Inc. announced that its Board of Directors authorized an additional $10 million for its stock buyback program, bringing the total available for repurchase to approximately $20 million. The company plans to repurchase shares through various transactions, with the timing and volume dependent on market conditions and other factors, though no specific number of shares is guaranteed to be repurchased.

More about Daktronics

Daktronics, Inc. operates in the electronic display industry, focusing on designing and manufacturing large-scale LED video displays, electronic scoreboards, and digital billboards for various markets, including sports, transportation, and commercial sectors.

YTD Price Performance: -26.93%

Average Trading Volume: 446,435

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $609.2M

Find detailed analytics on DAKT stock on TipRanks’ Stock Analysis page.

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