Perion Network Increases Buyback Program to $125 Million; Shares Rise Pre-Bell

MT Newswires Live
03-10

Perion Network (PERI) said Monday that its board has authorized a $75 million increase to the company's $50 million buyback program to raise the total to $125 million.

The tech company said that as of the end of 2024, it has repurchased 5.2 million shares worth $46.8 million.

Shares of Perion Network were up 3.9% in recent premarket activity.

Price: 8.51, Change: +0.32, Percent Change: +3.91

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