BuybackMay 11, 2026, 04:08 PM
OneSpan Adopts New $50M Stock Repurchase Program
AI Summary
OneSpan Inc.'s Board of Directors terminated its prior stock repurchase program and adopted a new one on May 7, 2026. The new program authorizes the company to repurchase up to $50 million of its outstanding common stock. This program is valid until May 7, 2028, and allows for flexible execution based on market conditions and other factors.
Key Highlights
- OneSpan's Board adopted a new stock repurchase program.
- The company is authorized to repurchase up to $50 million of common stock.
- The new repurchase program is effective until May 7, 2028.
- The previous stock repurchase program, adopted May 9, 2024, was terminated.
- Share purchases may occur in open market, tender offers, or private transactions.