RADCOM Announces $20 Million Share Repurchase Program
RADCOM’s board approved a discretionary $20 million buyback program with a potential 18‑month term, commencing after a 30‑day creditor review.
Rhea-AI Summary
RADCOM (RDCM) announced that its Board has authorized a share repurchase program of up to $20 million of its ordinary shares, expected to remain in effect for up to 18 months.
Repurchases may be made at management's discretion in open market or privately negotiated transactions, including under Rule 10b5-1 plans, and the program can be modified, suspended, or discontinued. Creditors have 30 days from publication to object, and repurchases will not begin until that period ends.
Positive
- Share repurchase authorization of up to $20 million of ordinary shares
- Program term expected to last up to 18 months
- No debt and a strong balance sheet cited as support for the buyback
Negative
- Repurchases delayed until after a 30‑day creditor objection period
- Program discretionary, may be modified, suspended, or discontinued at any time
Details
Market Reaction – RDCM
Following this news, RDCM has gained 6.40%, reflecting a notable positive market reaction. The stock is currently trading at $10.80.
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Key Figures
- Repurchase authorization
- Up to $20 million
- Share repurchase program
- Program duration
- Up to 18 months
- Expected effectiveness period
- Creditor objection period
- 30 days
- Before repurchases may commence
Historical Context
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Management announced plans for a $20–$25 million repurchase program after quarter-end
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
rule 10b5-1 plans regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
The program reflects the Board's and management's confidence in RADCOM's long-term growth strategy, strong financial position, and intrinsic value, while enabling RADCOM to return capital to shareholders and continue investing in its growth initiatives.
Benny Eppstein, Chief Executive Officer of RADCOM, said: "We are confident in RADCOM's prospects, and believe repurchasing our shares is a compelling use of capital. With a strong balance sheet and no debt, we can return capital to shareholders while continuing to invest in the AI-native innovation that drives our business."
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Repurchases may be made from time to time at management's discretion in open market or privately negotiated transactions, including under Rule 10b5-1 plans, as permitted by applicable law. The program does not obligate the Company to repurchase any specific number of shares and may be modified, suspended, or discontinued at any time.
Pursuant to Regulation 7C of the Companies Regulations (Relief for Companies whose Securities are Listed for Trade on a Stock Exchange Outside of
For all investor inquiries, please contact:
Investor Relations:
Rob Fink or Joey Delahoussaye
FNK IR
rdcm@fnkir.com
646-809-4048 / 312-809-1087
Company Contact:
Hod Cohen
CFO
+972-3-645-5055
hod.cohen@radcom.com
About RADCOM
RADCOM (NASDAQ: RDCM) is a leading provider of advanced, intelligent assurance solutions with integrated AI Operations (AIOps) capabilities. Its flagship platform, RADCOM ACE, harnesses AI-driven analytics and generative AI (GenAI) to improve customer experiences. From lab testing to full-scale deployment, RADCOM utilizes cutting-edge networking technologies to capture and analyze real-time data. Its advanced 5G portfolio delivers end-to-end network observability, from the radio access network (RAN) to the core.
Designed to be open, vendor-neutral, and cloud-agnostic, RADCOM's solutions drive next-generation network automation, optimization, and efficiency. By leveraging AI-powered intelligence, RADCOM reduces operational costs, enables predictive customer insights, and seamlessly integrates with business support systems (BSS), operations support systems (OSS), and service management platforms. Offering a complete, real-time view of mobile and fixed networks, RADCOM empowers telecom operators to ensure exceptional service quality, enhance user experiences, and build customer-centric networks.
Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as "estimate," "project," "intend," "expect," "believe," "may," "might," "potential," "anticipate," "plan," or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses its share repurchase program, including the expected 18-month duration, amount, manner of repurchases and funding; the expected use of Rule 10b5-1 plans to facilitate repurchases; the Company's growth strategy, prospects and financial position; the view that RADCOM's current share price does not reflect its intrinsic value; and the intention to return capital to shareholders while continuing to invest in growth initiatives, it is using forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include changes in general economic and business conditions; a decline in demand for the Company's products; the inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on prices resulting from competition; the Company's ability to execute its growth strategy; market conditions affecting the share repurchase program; and the effects of the conflict in Israel. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the U.S. Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason.
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SOURCE RADCOM Ltd.
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