other material
confidence high
sentiment neutral
materiality 0.50
Taboola gets Israeli court approval for net issuance extension and authorizes $40M share buyback
Taboola.com Ltd.
- Tel Aviv District Court extended net issuance approval through Nov 16, 2023, covering up to $50M for tax withholding and share repurchases.
- Board authorized a new $40M share repurchase program on May 10, 2023.
- Company expects to file successive court motions for similar approvals.
- Previous $50M program was initially approved Nov 16, 2021.