April 11, 2024 11:13 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Fiverr International Ltd (NYSE:FVRR) shares are trading higher after the Board of Directors has authorized a share repurchase program.
Under the authorization, the company may repurchase up to $100 million of its ordinary shares.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you’ll also get Benzinga’s ultimate morning update AND a free $30 gift card and more!
According to Israeli Law the company’s creditors may apply to the company and object to the share repurchase program until May 4, 2024.
If any objection is filed, the share repurchase program will be subject to a court approval.
The company may suspend, modify or discontinue buybacks at any time in its sole discretion without prior notice.
Repurchases under the program may be made from time to time in the open market, in privately negotiated transactions or otherwise.
“We are pleased to announce the authorization of our first-ever stock repurchase program. This program reflects our confidence in the long-term opportunity for Fiverr and our commitment to creating shareholder value,” said President and CEO Ofer Katz.
Fiverr held $183.7 million in cash and equivalents as of December 2023.
Price Action: FVRR shares are trading higher by 8.95% at $20.94 on the last check Thursday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Source: Why Freelance Service Marketplace Fiverr Shares Are Trading Higher Today – Fiverr Intl
