Perion Network (PERI) announced that its Board of Directors authorized a $50M expansion of the previously authorized share repurchase program of $75M of its outstanding shares, to a total of $125M. As of December 31, 2024, the company repurchased a total of 5.2M shares, at a total amount of $46.8M. The expansion of the program is subject to the issuance of the company’s audited annual financial report for the year 2024.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PERI:
- Oppenheimer downgrades ‘show me story’ Taboola to Perform
- Perion Network price target lowered to $10.50 from $11 at Lake Street
- Perion Network’s Strategic Shift Amid Revenue Challenges
- Perion Network’s Earnings Call: Mixed Outcomes Amid Strategic Shift
- Morning Movers: SolarEdge skyrockets following fourth quarter earnings
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue