In July, the company received court approval in Israel to purchase up to an aggregate amount of $20M of additional ordinary shares. The court approval also permits AudioCodes (AUDC) to declare a dividend out of any part of this amount. The approval is valid through December 30.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AUDC:
- AUDC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- AudioCodes trading resumes
- AudioCodes Implements Stock Repurchase Plan Amid Trading Restrictions