Allot (NASDAQ: ALLT) okays $40M share buyback funded from cash
Rhea-AI Filing Summary
Allot Ltd. has launched a share repurchase program authorizing the buyback of up to $40 million of its ordinary shares. Repurchases may be carried out on Nasdaq and the Tel Aviv Stock Exchange through open‑market purchases, privately negotiated deals and Rule 10b5‑1 trading plans.
The company plans to fund the program from existing cash resources and can modify, suspend or discontinue it at any time. Management highlights consecutive quarters of profitable growth, double‑digit revenue growth, and improved cash generation as reasons for viewing share repurchases as an attractive use of excess capital.
Positive
- Capital return via buyback: Board authorization of a share repurchase program of up to $40 million, funded from existing cash, signals confidence in recent profitable growth, stronger cash generation and the company’s long‑term strategy.
Negative
- None.
Insights
Allot adds a flexible $40M buyback funded from existing cash.
Allot Ltd. has authorized a share repurchase program of up to $40 million in ordinary shares. Management cites consecutive quarters of profitable growth, double‑digit revenue growth and improved cash generation, suggesting the balance sheet can support returning capital while funding growth initiatives.
The authorization is discretionary: timing and amounts depend on market conditions, share price, liquidity and other factors. The company may modify, suspend or terminate the program at any time, and creditors may object within 30 days under Israeli Regulation 7C, which could affect implementation.
Because repurchases may occur on both Nasdaq and the Tel Aviv Stock Exchange, and potentially via Rule 10b5‑1 plans, actual impact will depend on execution pace and prevailing trading levels. Future disclosures in company filings may provide data on shares repurchased and remaining capacity under the $40 million authorization.
Key Figures
Key Terms
Rule 10b5-1 regulatory
Regulation 7C regulatory
security-as-a-service (SECaaS) technical
forward-looking statements regulatory
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
Commission File Number: 001-33129
ALLOT LTD.
(Translation of registrant’s name into English)
22 Hanagar Street
Neve Ne'eman Industrial Zone B
Hod-Hasharon 45240
Israel
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
EXPLANATORY NOTE
On June 23, 2026, Allot Ltd. (the “Company”) announced a share repurchase program of up to $40 Million of the Company’s ordinary shares.
Any share repurchase may be made from time to time in the open market, including through trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in privately negotiated transactions or otherwise. The timing and amount of any share repurchase will be subject to market conditions and other factors determined by the Company. The Company may suspend, modify or discontinue buybacks at any time in its sole discretion without prior notice. This notice is neither an offer to purchase nor a solicitation of an offer to buy any securities.
A copy of the press release entitled “Allot Announces $40 Million Share Repurchase Program” is attached to this Form 6-K as Exhibit 99.1.
Incorporation by Reference
The information included under “Explanatory Note” in this Report on Form 6-K is incorporated by reference into the Company’s registration statements on Form F-3 (File No. 333-286174 and 333-264202) and Form S-8 (File Nos. 333-140701, 333-149237, 333-159306, 333-165144, 333-172492, 333-180770, 333-187406, 333-194833, 333-203028, 333-210420, 333-216893, 333-223838, 333-230391, 333-237405, 333-254298, 333-263767, 333-270903, 333-278607, 333-285268 and 333-294623) and shall be part thereof from the date on which this Form 6-K is furnished, to the extent not superseded by documents or reports subsequently filed or furnished. Exhibit 99.1 to this Report on Form 6-K shall not be deemed to be incorporated by reference into such registration statements.
Forward-Looking Statements
This Report on Form 6-K (the “Form 6-K”) contains forward-looking statements. All statements contained in this Form 6-K that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the pending buyback plan. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from our expectations expressed or implied by the forward-looking statements, including without limitation the important factors discussed under the caption “Risk Factors” in our annual report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 26, 2026, and our other reports filed with the SEC. Any such forward-looking statements represent management’s estimates as of the date of this Form 6-K. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this Form 6-K.
EXHIBIT INDEX
The following exhibit has been furnished as part of this Form 6-K:
| Exhibit Number | Description |
| 99.1 | Allot Announces $40 Million Share Repurchase Program |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Allot Ltd. | |
| By: /s/ Liat Nahum | |
| Liat Nahum | |
| Chief Financial Officer |
Date: June 23, 2026
Exhibit 99.1
Allot Announces $40 Million Share Repurchase Program
Hod Hasharon, Israel – June 23, 2026 – Allot Ltd. (NASDAQ: ALLT; TASE: ALLT), a leading global provider of innovative security-as-a-service (SECaaS) and network intelligence solutions for communication service providers and enterprises, today announced that its Board of Directors has authorized a share repurchase program of up to $40 million of the Company’s ordinary shares.
The program reflects the Board’s confidence in Allot’s long-term growth strategy, strong financial position, and the belief in the intrinsic value of Allot, enabling the Company to opportunistically repurchase shares while continuing to invest in its growth initiatives.
Eyal Harari, CEO of Allot, said: “Our share repurchase program reflects our confidence in Allot’s strategy and financial strength. Over the past year, we have delivered consecutive quarters of profitable growth, with double-digit revenue growth, improving profitability and cash generation. We are confident in the momentum we are continuing to build. We believe repurchasing our shares is an attractive use of our excess capital, that allows us to create increased value for our shareholders, while we continue to invest in internal initiatives that will continue to drive Allot’s long-term growth.”
Repurchases may be made from time to time at management’s discretion in the open market, privately negotiated transactions, or other permitted means, on the Tel Aviv Stock Exchange and Nasdaq, in compliance with applicable laws and regulations. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization.
The timing and amount of repurchases will depend on market conditions, share price, liquidity, and other factors. The program does not obligate the Company to repurchase any specific amount of shares and may be modified, suspended or discontinued at any time. The Company intends to fund the program from existing cash resources.
Pursuant to Regulation 7C of the Companies Regulations (Relief to Companies whose Securities are Listed for Trade in a Stock Exchange Outside Israel), 5760-2000, the creditors of the Company may contact the Company and object to the share repurchase program within 30 days following the date of publication of this notice.
For further information regarding the share repurchase program, including information regarding the last date for filing an objection to the share repurchase program, you may contact the legal counsel of the Company.
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Additional Resources:
Allot Blog: https://www.allot.com/blog
Follow us on X: @allot_ltd
Follow us on LinkedIn: https://www.linkedin.com/company/allot-communications
About Allot
Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network-native cybersecurity services, network and application analytics, traffic control and shaping, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-native security-as-a-service solution is already used by many millions of subscribers globally.
Forward-Looking Statement
This release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” or other similar words or expressions that convey the uncertainty of future events or outcomes. Forward-looking statements include, but are not limited to, statements regarding the Company’s future performance and opportunities. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivables, including our ability to collect outstanding accounts and assess their collectability on a quarterly basis; our ability to meet expectations with respect to our financial guidance and outlook; our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors; government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
|
Allot Seth Greenberg sgreenberg@allot.com +972 54 9222294 |
Allot Investor Relations Ehud Helft / Kenny Green Allot@ekgir.com +1-212-378-8040 |