Enovix authorized $60 million share repurchase program, stock up over 8%

From Nasdaq: 2025-07-02 09:37:00

Enovix Corporation announced a share repurchase program of up to $60 million, showing confidence in the company’s future and its silicon-anode battery technology. The program aims to provide flexibility in managing capital structure and market volatility. Effective from June 30, 2025, any unused capacity will expire on December 31, 2026. ENVX stock was up by 8.18% at $10.98 on the Nasdaq as a result of this news.



Read more at Nasdaq: Enovix Authorized To Repurchase Up To $60 Mln Of Shares; Stock Up Over 8%