Globant approves $125 million share repurchase program
PositiveFinancial Markets

Globant has announced a significant $125 million share repurchase program, reflecting the company's confidence in its financial health and future growth prospects. This move is expected to enhance shareholder value by reducing the number of outstanding shares, which can lead to an increase in earnings per share. Such initiatives often signal to investors that the company believes its stock is undervalued, making it an important development in the tech sector.
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