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Stock impact report

Ceva, Inc. Announces Expansion of Existing Share Repurchase Program [Yahoo! Finance]

CEVA, Inc. (CEVA) 
Last ceva, inc. earnings: 2/18 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.ceva-dsp.com
Company Research Source: Yahoo! Finance
devices to connect, sense and infer data more reliably and efficiently, today announced that its Board of Directors authorized the expansion of the company's share repurchase program with an additional 700,000 shares of common stock available for repurchase. As of September 30, 2024 , Ceva had approximately 356,000 shares of common stock available for repurchase under the existing plan, bringing the aggregate to approximately 1,056,000 shares available for repurchase. Amir Panush , CEO of Ceva, commented: "The share repurchase program expansion reflects the management and Board of Director's confidence in the ongoing performance of Ceva's business and long-term strategy to drive profitable growth. Our balance sheet remains strong and ensures we are well positioned to pursue non-organic growth opportunities while also returning capital to our shareholders." Under the share repurchase program, shares of the company's common stock may be repurchased from time to time pursuant to Rule Show less Read more
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