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Audiocodes Ltd (AUDC) Adds $15M to Stock Buyback Plan

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AudioCodes Announces Authorization of Additional Share Repurchase Program

September 6, 2016 9:00 AM EDT

LOD, Israel, September 6, 2016 /PRNewswire/ --

AudioCodes (NASDAQ: AUDC), a leading provider of voice networking solutions that enable enterprises and service providers to transition to all-IP voice networks, today announced that its Board of Directors has approved a program to repurchase up to an additional $15 million of its Ordinary Shares, NIS 0.01 nominal value. The Company filed a motion today seeking a new court approval for repurchases of up to an additional $15 million of its Ordinary Shares. This follows the Company's most recent repurchase program pursuant to which AudioCodes repurchased $15 million of its Ordinary... More