Check Point (CHKP) has released an update.
Check Point Software Technologies Ltd. has announced a significant $2.0 billion increase in their share repurchase program, signaling continued investment back into the company. They have already repurchased 218 million shares for $15 billion and plan to complete the current authorization in the fourth quarter of 2024. The program, which does not obligate Check Point to acquire any specific number of shares, will be funded from existing working capital and may be adjusted depending on market conditions.
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