---
title: "Powerfleet approves $30M share repurchase program over 24 months"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291338969.md"
description: "Powerfleet (AIOT) announced a $30 million share repurchase program to be executed over the next 24 months. Following the announcement, AIOT shares rose 4.4% to close at $4.00."
datetime: "2026-06-30T21:59:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291338969.md)
  - [en](https://longbridge.com/en/news/291338969.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291338969.md)
---

# Powerfleet approves $30M share repurchase program over 24 months

Powerfleet (AIOT) on Tuesday announced a stock repurchase program to buy back up to an aggregate of $30M of the company's common stock over the next 24 months. AIOT +4.4% to $4.00 after market. Source: Press Release More on PowerFleet PowerFleet Is Finally Generating Cash, A Major Turning Point Powerfleet, Inc. (AIOT) Q4 2026 Earnings Call Transcr...

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