NasdaqGS:PODDMedical Equipment
Insulet Expands Buyback As Shares Trade Below Analyst And Fair Value Estimates
Insulet, NasdaqGS:PODD, has approved a significant increase in its share buyback authorization.
The company also extended the duration of its equity repurchase program, giving management more time to execute on the plan.
The expanded authorization and longer timeline point to ongoing efforts to return capital to shareholders through repurchases.
For investors watching NasdaqGS:PODD, the buyback update comes as the stock trades around $249.38. Recent performance has been mixed, with a 2.7%...