Global-e Online Ltd. (Nasdaq: GLBE) has authorized a $200 million stock repurchase program to increase shareholder value. The program allows for repurchases through various methods, including open market purchases and negotiated transactions. The Company may suspend or discontinue the program at any time. The timing and amount of repurchases will depend on factors such as market conditions and financial results. Global-e’s forward-looking statements include plans for growth and strategic initiatives, but are subject to uncertainty and risks outlined in their filings with the SEC. Global-e is a leading platform for global e-commerce, empowering over 1,400 brands and retailers worldwide to sell internationally.

Read more at GlobeNewswire: Global-e Announces Board Authorization of $200 Million