Varonis Unveils $150 Million Plan for Share Buyback

Share Repurchase Program: Varonis Systems, Inc. has authorized a share repurchase program allowing up to $150 million in common stock repurchases over the next 12 months, utilizing various methods in compliance with federal securities laws.

Forward-Looking Statements: The press release includes forward-looking statements that are subject to risks and uncertainties, which may lead to actual results differing from expectations due to factors like cybersecurity risks, market conditions, and competition.

Company Overview: Varonis is a leader in data security, focusing on protecting critical data across various environments, including SaaS and hybrid clouds, through its AI-powered Data Security Platform.

Customer Trust: Thousands of organizations globally rely on Varonis for a range of security outcomes, including data classification, access governance, and threat detection, emphasizing its commitment to data protection.