Nano Dimension Shares Gain On Huge Stock Buyback Approval -Read How Much

  • Nano Dimension Ltd NNDM board approved a one-year share repurchase plan of up to $100 million to repurchase its ADS.
  • It translates to about 15% of the company's listed equity capital.
  • NNDM held $1.36 billion in cash and equivalents as of December 31.
  • NNDM reported a fourth-quarter FY21 revenue growth of 282% Y/Y to $7.53 million.
  • EPS loss widened to $(0.62) from $(0.20) in 4Q20.
  • Price Action: NNDM shares are trading higher by 14.40% at $2.91 on the last check Tuesday.
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