Arlo adopts stock repurchase program

Carlsbad, calif.--(business wire)--arlo technologies, inc. (nyse: arlo), a leading smart home security company, today announced that its board of directors has approved the repurchase of up to an aggregate of $50 million of shares of its common stock through open market purchases in a manner deemed to be in the best interests of the company and its stockholders. “given arlo's improving profitability, increasing cash position, and our belief in the upside potential as we execute our long-range p.
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