Identiv Announces $10 Million Stock Repurchase Program and Proposes Corporate Governance Enhancements
Identiv, Inc. (INVE)
Last identiv, inc. earnings: 3/12 04:05 pm
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Source: Business Wire
SANTA ANA, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global leader in RFID-enabled Internet of Things (IoT) solutions, today announced that its Board of Directors has authorized a stock repurchase program for up to $10 million of its common stock. The Company also announced its Board of Directors intends to propose changes to the Company’s corporate governance policies in advance of the 2025 annual meeting of stockholders.Stock Repurchase Program"The stock repurchase program reflects the Board’s confidence in Identiv’s new growth strategy and our belief that our shares are currently undervalued relative to the long-term potential of our specialty IoT solutions business," said James Ousley, Chairman of the Board. “With our strong balance sheet, we are able to repurchase shares while maintaining sufficient cash resources to invest in our organic and inorganic growth initiatives."Under the stock repurchase program, shares may be purchased through various means, includi
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News
- Identiv, Inc. (NASDAQ: INVE) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Identiv, Inc. (NASDAQ: INVE) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Identiv, Inc. (INVE) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Identiv Inc (INVE) Q3 2024 Earnings Call Highlights: Strategic Shifts Amid Revenue Challenges [Yahoo! Finance]Yahoo! Finance
- Identiv Reports Third Quarter 2024 Financial ResultsBusiness Wire
INVE
Earnings
- 11/7/24 - Miss
INVE
Sec Filings
- 11/12/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 10/23/24 - Form 4
- INVE's page on the SEC website