Luminar, ceo, board members, and management announce plan to purchase a total of $250 million of lazr stock

Orlando, fla.--(business wire)--luminar technologies, inc. (nasdaq: lazr), with support of its ceo, board members, and management, today announced its authorization and intent to purchase $250 million or more of its class a common stock, which is anticipated to commence today after market open. the company plans to use a portion of the proceeds from a proposed private financing transaction for the share repurchase. “over the past year, our breakthrough technology and commercial success have beg
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