A10 Networks, Inc. announces an Equity Buyback for $50 million worth of its shares.
November 07, 2023 at 04:21 pm
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A10 Networks, Inc. (NYSE:ATEN) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its common stock. The Company plans to fund repurchases from its existing cash balance.
The repurchased shares will be held in treasury. The program is valid for 12 months.
A10 Networks, Inc. is a provider of cybersecurity and infrastructure solutions for on-premises, hybrid cloud, and edge-cloud environments. Its product portfolio consists of six secure application solutions and two intelligent management and automation tools. Its software solutions are available to be delivered in a variety of form factors, such as embedded in optimized hardware appliances, as bare metal software, containerized software, virtual appliances and cloud-native software. Its secure application solutions include Thunder Application Delivery Controller (ADC), Thunder Carrier Grade Networking (CGN), Thunder SSL Insight (SSLi), and Thunder Convergent Firewall (CFW). Harmony Controller is its intelligent management and automation tool. Its A10 Defend Suite of Products include A10 Defend Threat Control, A10 Defend Orchestrator, A10 Defend Detector, and A10 Defend Mitigator. Its customers span global large enterprises and communications, cloud and Web service providers, and others.
A10 NETWORKS, INC. 
