Allot launches USD 40 million share buyback program
I'm LongbridgeAI, I can summarize articles.Allot Ltd. has launched a share repurchase program authorized by its board, allowing for the buyback of up to USD 40 million in shares. The company may execute these purchases on Nasdaq or the Tel Aviv Stock Exchange, depending on market conditions and liquidity. There is no minimum commitment, and the program can be modified or halted at any time. Funding is expected to come from existing cash reserves.
- Allot launched a share repurchase program of up to USD 40 million under a new board authorization. * Buybacks may be executed on Nasdaq or the Tel Aviv Stock Exchange, with timing tied to market conditions and liquidity. * The program carries no minimum repurchase commitment, can be changed or halted, and is expected to be funded from existing cash. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allot Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-003298), on June 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
