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Enphase Energy, Inc. Buyback

OLI recorded this information on 7/27/2023

Company: Enphase Energy, Inc.
Buyback: ENPH buyback
$Amount Authorized: $1,000,000,000
Buyback Details: Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that its Board of Directors approved a new share repurchase program with authorization to purchase up to $1.0 billion of shares of its common stock.

Enphase Energy is a global energy technology company. Co. designs, develops, manufactures and sells home energy solutions that manage energy generation, energy storage and control and communications on one platform. Co.'s semiconductor-based microinverter converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. The Enphase Energy System, powered by IQ™ Microinverters and IQ™ Batteries, Co.'s power generation integrated solar, storage, and energy management offering, enables self-consumption, simplifying design and installation, and improving system uptime and reliability.

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Company Name:  Enphase Energy Inc.
Stock buyback:  ENPH buyback
Website:  www.enphase.com
Sector:  Semiconductors
Number of ETFs Holding ENPH:  105
Total Market Value Held by ETFs:  $3.02B
Total Market Capitalization:  $14.58B
% of Market Cap. Held by ETFs:  20.68%
 

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April 29, 2024    7:37 AM Eastern
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Buy (3.00 out of 4)
30th percentile
(ranked lower than approx. 70% of all stocks covered)

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