Stratasys (SSYS) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Stratasys’s newly approved share repurchase program, authorizing up to $50 million in buybacks, poses several financial risks. The program could lead to increased volatility in share prices due to reduced public float and potentially facilitate a significant shareholder gaining control without a premium. Moreover, market conditions and strategic considerations may limit, suspend, or terminate repurchases, impacting share value and profitability. The uncertainty surrounding these variables and potential tax consequences adds to the complexity of assessing the program’s overall impact on Stratasys’s financial health and shareholder interests.
The average SSYS stock price target is $13.33, implying 35.61% upside potential.
To learn more about Stratasys’ risk factors, click here.