Globant stock rises after announcing $125 million share buyback plan
PositiveFinancial Markets

Globant's stock has seen a significant rise following the announcement of a $125 million share buyback plan. This move is important as it reflects the company's confidence in its financial health and aims to enhance shareholder value. Investors often view buybacks as a positive signal, indicating that the company believes its shares are undervalued, which can lead to increased demand and a higher stock price.
— Curated by the World Pulse Now AI Editorial System