Ribbon Communications (RBBN) has authorized a program to repurchase up to $50M of the company’s common stock, commencing June 5, 2025 and continuing through December 31, 2027. The program may be modified, increased, suspended, or discontinued at any time. The share repurchase program will be funded with cash on hand or cash generated from operations.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBBN:
- Ribbon Communications Increases Authorized Shares After Meeting
- Ribbon Communications’ Mixed Earnings Call: Growth Amid Challenges
- Ribbon Communications price target lowered to $6 from $7.50 at B. Riley
- Ribbon Communications Reports Q1 2025 Financial Results
- Ribbon Communications sees Q2 revenue $210M-$220M, consensus $209.54M
