Radcom Announces $20 Mln Share Repurchase Program; Stock Up 3.55% Pre-Market

(RTTNews) - Radcom Ltd. (RDCM), an AI-driven network intelligence and service assurance solutions provider for telecom operators, on Thursday announced a share repurchase program of up to $20 million. The program is expected to remain in effect for up to 18 months. The repurchases will not commence until the 30-day creditor objection period ends. The company said the program will allow it to return capital to shareholders while continuing to invest in growth initiatives. In the pre-market trading, RADCOM is 3.55% higher at $10.51 on the Nasdaq. (RTTNews) - Radcom Ltd. (RDCM), an AI-driven network intelligence and service assurance solutions provider for telecom operators, on Thursday announced a share repurchase program of up to $20 million.