Kornit Digital Unveils CFO Change and Launches $100 Million Stock Buyback Initiative
CFO Transition: Kornit Digital announced the resignation of CFO Lauri Hanover, who will remain until mid-December 2025 for a smooth transition. Assaf Zipori has been appointed as the new CFO, bringing extensive financial and operational experience.
Share Repurchase Program: The company authorized a new $100 million share repurchase program, reflecting confidence in its strategy and financial health, building on previous repurchases totaling $165 million since 2023.
Company Overview: Kornit Digital is a leader in sustainable, on-demand digital fashion and textile production technologies, offering comprehensive solutions globally and serving customers in over 100 countries.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's future plans and performance, which are subject to risks and uncertainties that could affect actual results.
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