Kaltura, Inc. announced that its Board of Directors has authorized a refreshed stock repurchase program for up to $15 million of the company’s common stock. This program allows for repurchases through various means, including open market purchases and privately negotiated transactions.
The company expects to fund the repurchase program using existing cash and cash equivalents, short-term investments, and future cash flows. This move signals the Board's confidence in Kaltura's long-term strategy and its belief that the current share price is undervalued.
Kaltura also reaffirmed its first quarter 2025 and full year 2025 Subscription Revenue, Total Revenue, and Adjusted EBITDA guidance, as previously provided in its February 20, 2025, financial results press release. This reiteration of guidance underscores management's stable outlook for the coming periods.
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