Radware Announces New $80 Million Share Repurchase Plan

Core Viewpoint - Radware has announced a new share repurchase plan, authorizing the buyback of up to $80 million of its ordinary shares, which will expire on March 15, 2027 [1]. Group 1: Share Repurchase Plan - The 2026 Plan allows management to repurchase shares through open market transactions, privately negotiated transactions, or other legally permissible methods based on market conditions [2]. - The repurchase will comply with U.S. securities laws, including Rule 10b-18 of the Exchange Act, and applicable Israeli law [2]. - The company is not obligated to repurchase a specific number of shares and may suspend or terminate the plan at management's discretion [2]. Group 2: Company Overview - Radware is a global leader in application security and delivery solutions for multi-cloud environments, utilizing AI-driven algorithms for real-time protection against sophisticated cyber threats [3]. - The company's solutions are relied upon by enterprises and carriers worldwide to address evolving cybersecurity challenges while reducing costs [3].