Seeking Alpha

iRobot +2.4% AH after announcing $50M buyback

  • iRobot's (IRBT) buyback, which becomes available on May 1 and expires a year later, is good for repurchasing 4% of shares at current levels.
  • The company had $187.4M in cash/investments to finance buybacks with as of Dec. 28.
Comments (1)
  • wil3714
    , contributor
    Comments (1838) | Send Message
     
    Pretty minuscule and since the price is up so high why buyback now
    2 Apr, 08:16 PM Reply Like
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