Global-e (GLBE) said Thursday its board has approved a new share repurchase program to buy back up to $500 million of its ordinary stock.
The new program follows a prior $200 million repurchase plan from 2025, of which roughly 80% is finished, the company said.
Shares of the company were up more than 3% in Thursday premarket activity.
Price: $33.00, Change: $+1.21, Percent Change: +3.81%
FingerMotion (FNGR) plans to expand its infrastructure strategy using the modular AI-focused computing facilities, the company said Wednesday.The plan builds on the company's current telecommunications and tech platform. Instead of cloud AI facilities, the company is using self-contained AI compute units which can be used based on customer demand and regional requirements, the company said.Shares of FingerMotion declined more than 2% in Thursday's pre-bell trading.Price: $0.87, Change: $-0.024, Percent Change: -2.67%
Aeva Technologies (AEVA) said late Wednesday it launched a follow-on public offering of $100 million of its common stock.Underwriters will have a 30-day option to buy up to an additional $15 million of the company's shares, according to a statement.The company said it intends to use the net proceeds for general corporate purposes, including meeting commercial interest in AI infrastructure and Co-Packaged Optics, along with demand for its existing applications.Shares fell more than 9% in after-hours trading.
Stoneridge (SRI) said late Wednesday it has appointed Scott Humphrey as chief financial officer and treasurer, starting June 8.From 2020 to 2023, Humphrey served as CFO and treasurer of Fox Factory (FOXF), a regulatory filing shows. From 2023 until joining the company, Humphrey was not employed as he focused on personal matters and professional development, Stoneridge said in the filing.Bob Hartman, who has served as interim CFO since April 1, will continue in his role as chief accounting officer, Stoneridge added.