Fortinet Expands Stock Buyback Program by $1 Billion

Deep News

08/22

During Friday morning trading in the US stock market, Fortinet (FTNT) shares rose 3.2% following the company's announcement to increase its share repurchase program by $1 billion, bringing the total authorized amount to $9.25 billion.

The program has been extended through February 2027, demonstrating confidence in the company's long-term growth prospects.

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