Nov. 17 at 6:28 PM
Kornit Digital announced a CFO transition and a new
$100 million share repurchase program. CFO Lauri Hanover will step down in mid-December 2025 for personal reasons, and Assaf Zipori—most recently global CFO at Nano Dimension—will take over. The board also approved a
$100 million buyback program, adding to the
$165 million already repurchased since 2023. CEO Ronen Samuel said the company’s business continues to strengthen as it expands recurring revenue and improves profitability. The buybacks may be executed on the open market or through privately negotiated transactions and will begin after a 30-day creditor-notification period required under Israeli law.
$KRNT $NNDM