Global-e Online Launches $200 Million Share Buyback Program; Shares Up Pre-Bell

MT Newswires Live09-04

Global-e Online (GLBE) said Thursday its board authorized a $200 million share repurchase program.

The company said it expects to fund the buyback program through cash on hand and future cash generated from its operations.

Shares were 2.7% higher in recent premarket activity.

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