Stock BuybacksBy The Online Investor Staff, updated Tue., Feb. 18, 2:03 AM
|This Slide: #19 of 25|
Slide #19. Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (NASDAQ:CHKP)
Check Point Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that its board of directors has authorized the expansion of the company's on-going share repurchase program by an additional $2 billion. Under the share repurchase program, as extended, Check Point is authorized to continue to repurchase up to $325 million each quarter.
Check Point Software Technologies develops, markets and supports a range of products and services for IT security by offering a multilevel security architecture that defends enterprises' cloud, network and mobile device information. Co.'s solutions operate under a unified security architecture that enables end-to-end security with a single line of unified security gateways and allow a single agent for all endpoint security that can be managed from a single unified management console. This unified management allows for deployment and centralized control and is supported by, and reinforced with, real-time security updates.
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Hold (2.30 out of 4)
(ranked lower than approx. 88% of all stocks covered)
Based on Zacks ABR data;
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