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Stock impact report

Kaltura Announces Stock Repurchase Program [Yahoo! Finance]

Kaltura, Inc. (KLTR) 
Company Research Source: Yahoo! Finance
that its Board of Directors has authorized a stock repurchase program for up to $5 million of the Company's common stock. “This repurchase authorization underscores the Board and Management's strong conviction that our current share price is undervalued relative to our long-term opportunity. We remain committed to strategically deploying capital where we believe it can generate shareholder value,” said Ron Yekutiel, Chairman, President and Chief Executive Officer. Under the program, the Company may make repurchases, from time to time, through open market purchases, block trades, in privately negotiated transactions, accelerated stock repurchase transactions, or by other means. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including within the pricing and volume requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company may also, from time to time, enter into Rule 1 Show less Read more
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