Powerfleet Launches $30M Buyback Plan

Powerfleet to repurchase up to $30M of its common stock Powerfleet will buy back up to $30M of its common stock over 24 months. The program aims to reduce the company's outstanding shares. Powerfleet's stock rose 4.4% to $4.00 after the announcement.

Powerfleet to repurchase up to $30M of its common stock

Powerfleet will buy back up to $30M of its common stock over 24 months.

The program aims to reduce the company’s outstanding shares.

Powerfleet’s stock rose 4.4% to $4.00 after the announcement.

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