Kornit Digital Announces Board Authorization of $100 Million Share Repurchase Program
KRNTKornit Digital(KRNT) GlobeNewswire News Room·2024-09-10 20:00

ROSH-HA`AYIN, Israel, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies, today announced that its Board of Directors has authorized a program to repurchase up to 100millionoftheCompanysordinarysharesaspartofitscapitalallocationstrategy.Thisrepurchaseprogram,inadditiontothe100 million of the Company’s ordinary shares as part of its capital allocation strategy. This repurchase program, in addition to the 65 million of aggregate share repurchases executed by the Com ...