Taboola files motion for up to $50M share repurchase and net issuance mechanism approval in Israeli court

Taboola.com Ltd.

Filed motion with Tel Aviv District Court on April 17, 2023 for up to $50 million aggregate limit.
Net issuance mechanism would allow withholding shares for tax on equity awards; board reaffirmed April 10, 2023.
If approved, authorization would be for a six-month period; future requests expected.
Potential share repurchases require separate board approval; announcement would follow if approved.

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