Taboola.com Ltd. (TBLA), an advertising agency, Wednesday announced that its Board has approved an additional share repurchase authorization of up to $200 million of outstanding shares.
Shares of Taboola are increasing by 6% in the pre-market trading.
The new share repurchase authorization increased the total approved amount to about $240 million.
In the pre-market trading, Taboola is 5.41% higher at $3.9 on the Nasdaq.
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