This Smallcap Cybersecurity Stock Is In Spotlight After Announcing $80M Buyback
Synopsis
The newly sanctioned program allows the company to repurchase shares over time through various methods, including open-market purchases and privately negotiated transactions.
Radware (RDWR) on Friday approved a fresh stock buyback initiative, signaling confidence in its financial position as it navigates the competitive cybersecurity and cloud infrastructure markets.
The company’s board authorized the repurchase of up to $80 million of its outstanding ordinary shares under what it calls the “2026 Plan.”
The newly sanctioned program allows the company to repurchase shares over time through various methods, including open-market purchases and privately negotiated transactions.
Following the update, Radware stock traded over 2% higher in Friday’s premarket.
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