other material
confidence high
sentiment positive
materiality 0.55
Tucows announces $40 million stock buyback program effective February 14, 2025
TUCOWS INC /PA/
- Board authorized repurchase of up to $40M of common stock in open market.
- New program runs from Feb 14, 2025 to Feb 13, 2026; prior $40M program terminated.
- Shares repurchased will be retired and returned to treasury.
- Funding from working capital and existing credit facilities.
- As of Feb 12, 2025, outstanding shares totaled 11,030,156.