Allot Communications (ALLT) Reports In-Line Q2 Loss

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Allot Communications (ALLT) Approves $15M Common Stock Buyback Plan

August 4, 2015 5:49 AM EDT

Allot Communications (NASDAQ: ALLT) announced that its Board of Directors has approved a program for the Company to repurchase up to $15 million of its outstanding ordinary shares. Under Israeli law, commencement of repurchases is subject to court approval. As of June 30, 2015 Allot had approximately 33.5 million ordinary shares outstanding.

Andrei Elefant, President and Chief... More