N-able董事会批准将股票回购计划增加5000万美元至1.25亿美元

Warsh, Nvidia And oil In focus - what’s moving markets
BURLINGTON, Mass. - N-able, Inc. (NYSE:NABL) announced Thursday that its Board of Directors approved a $50 million increase to its existing share repurchase program, bringing the total authorization to $125 million from the $75 million initially announced in March 2025.
The company had $45 million remaining under the previous authorization as of June 30, 2026, according to a press release statement.
"This increased authorization reflects our conviction that repurchasing shares at current levels represents an attractive use of capital and a compelling opportunity to create shareholder value over the long-term," said CFO Tim O’Brien.
Under the program, N-able may repurchase shares through open market transactions or privately negotiated deals at its discretion, subject to market conditions and regulatory requirements. The company can commence, suspend or discontinue purchases at any time without prior notice. The authorization has no expiration date.
N-able describes itself as a cybersecurity company that provides services to approximately 500,000 organizations worldwide. The Burlington, Massachusetts-based firm operates a partner-first business model.
The announcement comes after the company disclosed a material weakness in its financial controls during the second quarter of 2026, as referenced in its forward-looking statements. N-able’s Annual Report on Form 10-K/A for the year ended December 31, 2025 was filed with the SEC on August 10, 2026.
Share repurchase programs allow companies to buy back their own stock from the marketplace, potentially reducing the number of outstanding shares and returning capital to shareholders.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.