Kaltura (KLTR) has shared an announcement.
Kaltura, Inc. has announced a stock repurchase program authorizing the buyback of up to $5 million of its common stock, signaling confidence in the company’s financial health. Alongside this announcement, the company has also confirmed its financial outlook for the second quarter and the full year of 2024, maintaining the guidance issued earlier. This proactive move aims to create shareholder value and reflects Kaltura’s commitment to its strategic financial goals amidst the current economic landscape.
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