Mobileye Announces Share Repurchase Program of Up to $250 Million
Mobileye Global Inc. announced a share repurchase program worth up to $250 million, authorized by its Board of Directors. This program aims to partially offset dilution from share-based compensation and the Mentee Robotics acquisition, while affirming the company's confidence in its leadership in advanced driver assistance systems and autonomous driving. Mobileye intends to fund the repurchases from existing cash and future cash flows, prioritizing R&D and capital expenditures for innovation and product development.
https://www.businesswire.com/news/home/20260423068087/en/Mobileye-Announces-Share-Repurchase-Program-of-Up-to-%24250-Million