UPDATE: MobileIron (MOBL) Reports $25M Share Buyback Plan
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MobileIron Announces $25 Million Share Repurchase Program
October 30, 2018 4:06 PM EDTMOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- MobileIron (NASDAQ: MOBL), the secure foundation for modern work, today announced that its Board of Directors has authorized the repurchase of up to an aggregate of $25 million of its common stock through October 2020, unless extended or shortened by the Board of Directors.
We continue to improve the performance of the business and that is showing in our financial results. We have strengthened our cash and equivalents balance by more than $20 million in the last year and expect to continue to generate cash going forward, said Simon Biddiscombe, CEO,... More
