Kornit Digital gains after $100 mln share buyback plan

Kornit Digital

10/09/2024 16:46

** U.S.-listed shares of industrial equipment maker Kornit
Digital  KRNT.O  up 11.8% at $20.36 
    ** Israel-based Kornit authorizes a share repurchase program
of $100 mln 
    ** Company expects to fund the program by cash in hand
    ** Including the session's gains, stock is up 6.1% YTD

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))