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.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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