BuybackMay 7, 2026, 01:04 PM
AudioCodes Adopts Rule 10b5-1 Plan for Share Repurchases
AI Summary
AudioCodes Ltd. announced the adoption and approval of a Rule 10b5-1 stock trading plan. This plan enables the company to repurchase its ordinary shares, even during periods when it might otherwise be restricted by insider trading laws or self-imposed trading blackouts. Repurchases will adhere to the price, market volume, and timing constraints specified under Rule 10b-18 and will be executed by an independent broker.
Key Highlights
- AudioCodes adopted a Rule 10b5-1 stock trading plan for share repurchases.
- The plan allows the company to repurchase ordinary shares during restricted periods.
- Repurchases will adhere to Rule 10b5-1 and Rule 10b-18 regulations.
- An independent broker will execute the share repurchases.
- The plan addresses potential restrictions from insider trading laws or blackout periods.
Price Impact
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