Perion Network (PERI) Announces $50M Share Buyback

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Go back to Perion Network (PERI) Announces $50M Share Buyback

Perion Adopts a Share Repurchase Program of up to $50 Million

February 20, 2024 6:00 AM EST

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- Perion Network Ltd. (NASDAQ and TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced today that its Board of Directors has authorized a program to repurchase up to $50 million of its ordinary shares. The program is subject to the issuance of the Companys audited annual financial report for the year 2023, expected in March 2024.

Perion is a strong, profitable company that is well positioned for the next phase of growth, capitalizing on our innovation and diversification strategy, said Tal... More