secwatch.observer — SEC 8-K summary
======================================

Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001628280-24-023192
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan announces new $50M stock repurchase program, replaces prior authorization
--------------------------------------------------------------------------------

- Board terminated existing May 2022 repurchase program and authorized up to $50M in share buybacks through May 9, 2026.
- Repurchases may be made in open market, tender offers, or private transactions at company's discretion.
- Program does not obligate OneSpan to repurchase any specific number of shares; may be modified or suspended.
- No specific repurchase schedule; timing depends on market conditions, share price, and legal requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000162828024023192/0001628280-24-023192-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000162828024023192/ospn-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-023192

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer