Arlo Adopts Stock Repurchase Program [Yahoo! Finance]
Arlo Technologies, Inc. (ARLO)
Last arlo technologies, inc. earnings: 2/24 04:05 pm
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Source: Yahoo! Finance
"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 deemed to be in the best interests of the company and its stockholders, considering the economic cost and prevailing market conditions, including the relative trading prices and volumes of Arlo's common stock. The repurchases are expected to be effected pursuant to Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The repurchase program is expected
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ARLO
News
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- All You Need to Know About Arlo Technologies (ARLO) Rating Upgrade to Buy [Yahoo! Finance]Yahoo! Finance
- The Arlo Technologies, Inc. (NYSE:ARLO) Third-Quarter Results Are Out And Analysts Have Published New Forecasts [Yahoo! Finance]Yahoo! Finance
- 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 Technologies Inc (ARLO) Q3 2024 Earnings Call Highlights: Strong Service Revenue Growth ... [Yahoo! Finance]Yahoo! Finance
ARLO
Earnings
- 11/7/24 - Beat
ARLO
Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- 11/12/24 - Form 4
- ARLO's page on the SEC website