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Stock impact report

Fiverr Announces Board Authorization of $100 Million Share Repurchase Program [Yahoo! Finance]

Fiverr International Ltd. Ordinary Shares, no par value (FVRR) 
Last fiverr international ltd. ordinary shares, no par value earnings: 2/19 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
that on April 1, 2024, its Board of Directors has authorized a share repurchase program, under which the company may repurchase up to $100 million of its ordinary shares. “We are pleased to announce the authorization of our first-ever stock repurchase program. This program reflects our confidence in the long-term opportunity for Fiverr and our commitment to creating shareholder value,” said Ofer Katz, Fiverr's President and CFO. “We have built a healthy balance sheet enabling us to continue to invest in our strategic initiatives while also returning capital to shareholders. We believe that our current stock price represents an attractive opportunity for a repurchase." According to Israeli Law the company's creditors may apply to the company and object to the share repurchase program until May 4, 2024, in which case, the share repurchase program will be subject to a court approval. In the event no such objection is filed, the share repurchase program will become effective. Repurc Show less Read more
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