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0.0330578512396693 0.0537190082644628 0.0537190082644628 0.0537190082644628 0.0674931129476583 0.0674931129476583 0.0674931129476583 0.0537190082644628
Stock impact report

Mitek Announces $10 Million Share Repurchase Program

Mitek Systems, Inc. (MITK) 
Last mitek systems, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.miteksystems.com
Company Research Source: GlobeNewswire
SAN DIEGO, Dec. 19, 2019 (GLOBE NEWSWIRE) -- Mitek (NASDAQ: MITK), a global leader in mobile capture and digital identity verification solutions, today announced that its Board of Directors authorized a share repurchase program for up to $10 million of its outstanding common stock. The share repurchase program is effective immediately and will expire December 16, 2020. The purchases under the share repurchase program may be made from time to time in the open market, through block trades, 10b5-1 trading plans, privately negotiated transactions or otherwise and in accordance with applicable laws, rules and regulations. The timing and actual number of the shares repurchased will depend on a variety of factors including price, market conditions and corporate and regulatory requirements. The company intends to fund the share repurchases from cash on hand. The share repurchase program does not commit the company to repurchase shares of its common stock and it may be amended, suspended or Show less Read more
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