Arlo Adopts Stock Repurchase Program
Arlo Technologies, Inc. (ARLO)
Last arlo technologies, inc. earnings: 2/24 04:05 pm
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Source: Business Wire
CARLSBAD, Calif.--(BUSINESS WIRE)--Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security company, today announced that its Board of Directors has approved the repurchase of up to an aggregate of $50 million of shares of its common stock through open market purchases in a manner deemed to be in the best interests of the company and its stockholders.“Given Arlo’s improving profitability, increasing cash position, and our belief in the upside potential as we execute our long-range plan, our Board has authorized a share repurchase program of up to $50 million through December 31, 2026. This program serves as one pillar of our capital allocation plan I described to investors on our last earnings call and is designed by Arlo to maximize shareholder return over time,” said Matthew McRae, Chief Executive Officer of Arlo Technologies.The repurchase of up to an aggregate of $50 million of shares of Arlo’s common stock will be effected through open market purchases in a manner
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ARLO
News
- Arlo Technologies, Inc. (NYSE: ARLO) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $24.00 price target on the stock.MarketBeat
- ARLO ANNOUNCES SECURE 5: NEXT GENERATION OF SMART HOME SECURITY POWERED BY ARLO INTELLIGENCE [Yahoo! Finance]Yahoo! Finance
- ARLO ANNOUNCES SECURE 5: NEXT GENERATION OF SMART HOME SECURITY POWERED BY ARLO INTELLIGENCEPR Newswire
- Arlo Adopts Stock Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Arlo: Deftly Managing A Slowing Macro [Seeking Alpha]Seeking Alpha
ARLO
Earnings
- 8/8/24 - Beat
ARLO
Sec Filings
- 9/24/24 - Form 8-K
- 9/9/24 - Form SC
- 8/14/24 - Form 4
- ARLO's page on the SEC website