Fiverr Announces Board Authorization of Additional $100 Million for Share Repurchase Program
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Fiverr International Ltd. has announced an additional $100 million authorization for its share repurchase program, indicating confidence in its stock value.
March 11, 2025 | 10:45 am
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Fiverr's Board has authorized an additional $100 million for its share repurchase program, suggesting confidence in the company's stock value and potentially supporting its stock price.
The authorization of an additional $100 million for share repurchases by Fiverr's Board is a strong signal of confidence in the company's stock. Share buybacks can reduce the number of shares outstanding, potentially increasing earnings per share and supporting the stock price. This move is likely to have a positive short-term impact on FVRR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100