Cognyte Authorizes New Share Repurchase Program
Ticker: CGNT · Form: 6-K · Filed: Jul 14, 2025 · CIK: 1824814
| Field | Detail |
|---|---|
| Company | Cognyte Software LTD. (CGNT) |
| Form Type | 6-K |
| Filed Date | Jul 14, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, company-announcement
TL;DR
Cognyte is buying back its own stock, signaling confidence.
AI Summary
On July 14, 2025, Cognyte Software Ltd. announced the authorization of a new share repurchase program. The company has not disclosed specific dollar amounts or the duration of this program in the provided filing, but it indicates a commitment to returning value to shareholders.
Why It Matters
This signals management's confidence in the company's valuation and its commitment to enhancing shareholder value by reducing the number of outstanding shares.
Risk Assessment
Risk Level: low — The filing is a routine announcement of a share repurchase program authorization, with no immediate negative financial implications.
Key Players & Entities
- Cognyte Software Ltd. (company) — Filer of the report and subject of the share repurchase program
- July 14, 2025 (date) — Date of the press release announcing the share repurchase program
FAQ
What is the total value authorized for the share repurchase program?
The filing does not specify a dollar amount for the authorized share repurchase program.
What is the duration of the share repurchase program?
The filing does not specify the duration of the share repurchase program.
What is the primary purpose of this Form 6-K filing?
The primary purpose is to furnish a press release announcing the authorization of a share repurchase program.
When was the press release announcing the share repurchase program issued?
The press release was issued on July 14, 2025.
Is Cognyte Software Ltd. required to file annual reports under Form 20-F or Form 40-F?
Cognyte Software Ltd. is required to file annual reports under Form 20-F.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on July 14, 2025 regarding Cognyte Software Ltd. (CGNT).