Workiva Authorizes Stock Repurchase Program Of Up To $100M
Portfolio Pulse from Benzinga Newsdesk
Workiva has authorized a stock repurchase program of up to $100 million, indicating confidence in its financial health and future prospects.
August 01, 2024 | 8:58 pm
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Workiva has authorized a stock repurchase program of up to $100 million, which is a positive signal to investors about the company's financial health and future growth prospects.
Stock repurchase programs are generally viewed positively by investors as they indicate that the company believes its shares are undervalued and it has sufficient cash flow. This move is likely to boost investor confidence and support the stock price in the short term.
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