Perion Network ( (PERI) ) has provided an update.
On April 3, 2025, Perion Network Ltd.’s Board of Directors adopted a limited duration shareholder rights plan designed to protect shareholders’ interests and maximize long-term value. The plan aims to prevent any entity from gaining significant control of Perion without fair compensation to shareholders, ensuring the Board has time to make informed decisions. The rights plan is effective immediately, with rights exercisable if an entity acquires 13% or more of Perion’s shares without Board approval. This move is intended to safeguard the company’s intrinsic value and encourage constructive engagement with potential acquirers.
More about Perion Network
Perion Network Ltd. is a leader in advanced technology within the advertising technology (AdTech) industry. The company provides solutions to enhance marketing investments across digital channels through its Perion One platform, which integrates data, creative, and channels to improve digital advertising effectiveness. Perion serves agencies, brands, and retailers, aiming to deliver better marketing results.
YTD Price Performance: -2.30%
Average Trading Volume: 415,268
Technical Sentiment Signal: Strong Buy
Current Market Cap: $370.7M
For detailed information about PERI stock, go to TipRanks’ Stock Analysis page.