Kornit Digital (KRNT) has released an update.
Kornit Digital Ltd. has announced a $100 million share repurchase program, signifying the Board of Directors’ confidence in the company’s long-term growth and commitment to shareholder value. The buyback strategy allows for open market or privately negotiated transactions and will be funded with available cash, though it is not an obligation for the company to purchase a specific number of shares. The initiative follows previous repurchases totaling $65 million since 2023, underscoring Kornit’s proactive capital management.
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