Criteo S.A. Buyback
OLI recorded this information on 12/8/2022
Company:
Criteo S.A.
Buyback:
CRTO buyback
$Amount Authorized:
$280,000,000
Buyback Details:
Criteo S.A. (NASDAQ: CRTO), the Commerce Media company, today announced that its Board of Directors has authorized an extension of its previously authorized share repurchase program of up to $280 million of the Company's outstanding American Depository Shares to an increased amount of up to $480 million.
Criteo is a technology company providing marketers with advertising through Criteo Platform. The Criteo Platform is comprised of: Criteo Shopper Graph, which obtains browsing behavior data, expressed consumer shopping intent and engagement, and transactional data at individual product user levels; Criteo Artificial Intelligence (AI) Engine, which consists of multiple AI algorithms and the proprietary hardware and software infrastructure; Criteo Management Center, which includes a suite of tools, services and software; Co.'s Solutions, which consists of Criteo Marketing Solutions and Criteo Retail Media; and Co.'s Publisher Network, which provides real-time access to advertising inventory.
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Buy (3.00 out of 4) 31st percentile
(ranked lower than approx. 69% of all stocks covered)
Analysts' Target Price: CRTO Stock Forecast Based on Zacks ABR data; powered by Xignite |