{"success":true,"data":{"pressRelease":{"id":"70540","rtpr_id":"nGNX1G7XJZ","ticker":"ALLT","exchange":"","all_tickers":["ALLT"],"title":"Allot Announces $40 Million Share Repurchase Program","author":"Globe Newswire","published_at":"2026-06-23T10:48:35.599Z","article_body":"Hod Hasharon, Israel, June 23, 2026 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:\nALLT; TASE: ALLT), a leading global provider of innovative\nsecurity-as-a-service (SECaaS) and network intelligence solutions for\ncommunication service providers and enterprises, today announced that its\nBoard of Directors has authorized a share repurchase program of up to $40\nmillion of the Company’s ordinary shares.\n\nThe program reflects the Board’s confidence in Allot’s long-term growth\nstrategy, strong financial position, and its belief in the intrinsic value of\nAllot, enabling the Company to opportunistically repurchase shares while\ncontinuing to invest in its growth initiatives.\n\nEyal Harari, CEO of Allot, said: “Our share repurchase program reflects our\nconfidence in Allot’s strategy and financial strength. Over the past year,\nwe have delivered consecutive quarters of profitable growth, with double-digit\nrevenue growth, improving profitability and cash generation. We are confident\nin the momentum we are continuing to build. We believe repurchasing our shares\nis an attractive use of our excess capital, that allows us to create increased\nvalue for our shareholders, while we continue to invest in internal\ninitiatives that will continue to drive Allot’s long-term growth.”\n\nRepurchases may be made from time to time at management’s discretion in the\nopen market, privately negotiated transactions, or other permitted means, on\nthe Tel Aviv Stock Exchange and Nasdaq, in compliance with applicable laws and\nregulations. The Company may also, from time to time, enter into Rule 10b5-1\nplans to facilitate repurchases of its shares under this authorization.\n\nThe timing and amount of repurchases will depend on market conditions, share\nprice, liquidity, and other factors. The program does not obligate the Company\nto repurchase any specific amount of shares and may be modified, suspended or\ndiscontinued at any time. The Company intends to fund the program from\nexisting cash resources.\n\nPursuant to Regulation 7C of the Companies Regulations (Relief to Companies\nwhose Securities are Listed for Trade in a Stock Exchange Outside Israel),\n5760-2000, the creditors of the Company may contact the Company and object to\nthe share repurchase program within 30 days following the date of publication\nof this notice.\n\nFor further information regarding the share repurchase program, including\ninformation regarding the last date for filing an objection to the share\nrepurchase program, you may contact the legal counsel of the Company.\n\n###\n\nAdditional Resources:\nAllot Blog: https://www.allot.com/blog\nFollow us on X: @allot_ltd\nFollow us on LinkedIn: https://www.linkedin.com/company/allot-communications\n\nAbout Allot\n\nAllot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative\nconverged cybersecurity solutions and network intelligence for service\nproviders and enterprises worldwide, enhancing value to their customers. Our\nsolutions are deployed globally for network-native cybersecurity services,\nnetwork and application analytics, traffic control and shaping, and more.\nAllot’s multi-service platforms are deployed by over 500 mobile, fixed and\ncloud service providers and over 1000 enterprises. Our industry-leading\nnetwork-native security-as-a-service solution is already used by many millions\nof subscribers globally.\n\nForward-Looking Statement\n\nThis release contains forward-looking statements within the meaning of the\n“safe harbor” provisions of the Private Securities Litigation Reform Act\nof 1995. Forward-looking statements may be identified by the use of\nforward-looking terminology such as “anticipate,” “believe,”\n“continue,” “could,” “estimate,” “expect,” “intend,”\n“may,” “plan,” “potential,” “predict,” “project,”\n“should,” “target,” “will,” “would,” or other similar words or\nexpressions that convey the uncertainty of future events or outcomes.\nForward-looking statements include, but are not limited to, statements\nregarding the Company’s future performance and opportunities. Such\nstatements involve a number of known and unknown risks and uncertainties that\ncould cause our future results, performance or achievements to differ\nsignificantly from the results, performance or achievements expressed or\nimplied in such forward-looking statements. Important factors that could cause\nor contribute to such differences include risks relating to: our accounts\nreceivables, including our ability to collect outstanding accounts and assess\ntheir collectability on a quarterly basis; our ability to meet expectations\nwith respect to our financial guidance and outlook; our ability to compete\nsuccessfully with other companies offering competing technologies; the loss of\none or more significant customers; consolidation of, and strategic alliances\nby, our competitors; government regulation; the timing of completion of key\nproject milestones which impact the timing of our revenue recognition; lower\ndemand for key value-added services; our ability to keep pace with advances in\ntechnology and to add new features and value-added services; managing lengthy\nsales cycles; operational risks associated with large projects; our dependence\non channel partners for a material portion of our revenues; and other factors\ndiscussed under the heading \"Risk Factors\" in the Company's annual report on\nForm 20-F filed with the Securities and Exchange Commission. Forward-looking\nstatements in this release are made pursuant to the safe harbor provisions\ncontained in the Private Securities Litigation Reform Act of 1995. These\nforward-looking statements are made only as of the date hereof, and the\ncompany undertakes no obligation to update or revise the forward-looking\nstatements, whether as a result of new information, future events or\notherwise.\n\nAllot\nSeth Greenberg\nsgreenberg@allot.com\n+972 54 9222294\n\nAllot Investor Relations\nEhud Helft / Kenny Green\nAllot@ekgir.com\n+1-212-378-8040\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/de6a7a3a-fc53-4a4e-9772-6201603d4770)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX1G7XJZ","title":"Allot Announces $40 Million Share Repurchase Program","author":"Globe Newswire","ticker":"ALLT","created":"2026-06-23T10:48:35.599Z","tickers":["ALLT"],"exchange":"","article_body":"Hod Hasharon, Israel, June 23, 2026 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:\nALLT; TASE: ALLT), a leading global provider of innovative\nsecurity-as-a-service (SECaaS) and network intelligence solutions for\ncommunication service providers and enterprises, today announced that its\nBoard of Directors has authorized a share repurchase program of up to $40\nmillion of the Company’s ordinary shares.\n\nThe program reflects the Board’s confidence in Allot’s long-term growth\nstrategy, strong financial position, and its belief in the intrinsic value of\nAllot, enabling the Company to opportunistically repurchase shares while\ncontinuing to invest in its growth initiatives.\n\nEyal Harari, CEO of Allot, said: “Our share repurchase program reflects our\nconfidence in Allot’s strategy and financial strength. Over the past year,\nwe have delivered consecutive quarters of profitable growth, with double-digit\nrevenue growth, improving profitability and cash generation. We are confident\nin the momentum we are continuing to build. We believe repurchasing our shares\nis an attractive use of our excess capital, that allows us to create increased\nvalue for our shareholders, while we continue to invest in internal\ninitiatives that will continue to drive Allot’s long-term growth.”\n\nRepurchases may be made from time to time at management’s discretion in the\nopen market, privately negotiated transactions, or other permitted means, on\nthe Tel Aviv Stock Exchange and Nasdaq, in compliance with applicable laws and\nregulations. The Company may also, from time to time, enter into Rule 10b5-1\nplans to facilitate repurchases of its shares under this authorization.\n\nThe timing and amount of repurchases will depend on market conditions, share\nprice, liquidity, and other factors. The program does not obligate the Company\nto repurchase any specific amount of shares and may be modified, suspended or\ndiscontinued at any time. The Company intends to fund the program from\nexisting cash resources.\n\nPursuant to Regulation 7C of the Companies Regulations (Relief to Companies\nwhose Securities are Listed for Trade in a Stock Exchange Outside Israel),\n5760-2000, the creditors of the Company may contact the Company and object to\nthe share repurchase program within 30 days following the date of publication\nof this notice.\n\nFor further information regarding the share repurchase program, including\ninformation regarding the last date for filing an objection to the share\nrepurchase program, you may contact the legal counsel of the Company.\n\n###\n\nAdditional Resources:\nAllot Blog: https://www.allot.com/blog\nFollow us on X: @allot_ltd\nFollow us on LinkedIn: https://www.linkedin.com/company/allot-communications\n\nAbout Allot\n\nAllot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative\nconverged cybersecurity solutions and network intelligence for service\nproviders and enterprises worldwide, enhancing value to their customers. Our\nsolutions are deployed globally for network-native cybersecurity services,\nnetwork and application analytics, traffic control and shaping, and more.\nAllot’s multi-service platforms are deployed by over 500 mobile, fixed and\ncloud service providers and over 1000 enterprises. Our industry-leading\nnetwork-native security-as-a-service solution is already used by many millions\nof subscribers globally.\n\nForward-Looking Statement\n\nThis release contains forward-looking statements within the meaning of the\n“safe harbor” provisions of the Private Securities Litigation Reform Act\nof 1995. Forward-looking statements may be identified by the use of\nforward-looking terminology such as “anticipate,” “believe,”\n“continue,” “could,” “estimate,” “expect,” “intend,”\n“may,” “plan,” “potential,” “predict,” “project,”\n“should,” “target,” “will,” “would,” or other similar words or\nexpressions that convey the uncertainty of future events or outcomes.\nForward-looking statements include, but are not limited to, statements\nregarding the Company’s future performance and opportunities. Such\nstatements involve a number of known and unknown risks and uncertainties that\ncould cause our future results, performance or achievements to differ\nsignificantly from the results, performance or achievements expressed or\nimplied in such forward-looking statements. Important factors that could cause\nor contribute to such differences include risks relating to: our accounts\nreceivables, including our ability to collect outstanding accounts and assess\ntheir collectability on a quarterly basis; our ability to meet expectations\nwith respect to our financial guidance and outlook; our ability to compete\nsuccessfully with other companies offering competing technologies; the loss of\none or more significant customers; consolidation of, and strategic alliances\nby, our competitors; government regulation; the timing of completion of key\nproject milestones which impact the timing of our revenue recognition; lower\ndemand for key value-added services; our ability to keep pace with advances in\ntechnology and to add new features and value-added services; managing lengthy\nsales cycles; operational risks associated with large projects; our dependence\non channel partners for a material portion of our revenues; and other factors\ndiscussed under the heading \"Risk Factors\" in the Company's annual report on\nForm 20-F filed with the Securities and Exchange Commission. Forward-looking\nstatements in this release are made pursuant to the safe harbor provisions\ncontained in the Private Securities Litigation Reform Act of 1995. These\nforward-looking statements are made only as of the date hereof, and the\ncompany undertakes no obligation to update or revise the forward-looking\nstatements, whether as a result of new information, future events or\notherwise.\n\nAllot\nSeth Greenberg\nsgreenberg@allot.com\n+972 54 9222294\n\nAllot Investor Relations\nEhud Helft / Kenny Green\nAllot@ekgir.com\n+1-212-378-8040\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/de6a7a3a-fc53-4a4e-9772-6201603d4770)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-23T10:48:35.649287127Z","server_sent_at_ms":1782211715649},"received_at":"2026-06-23T10:48:35.700Z","source_url":null},"analysis":{"id":"59932","press_release_id":"70540","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"buyback","narrative":"Allot’s Board of Directors authorized a new share repurchase program of up to $40 million, citing confidence in the company’s long-term growth strategy and intrinsic value.\n\nCEO Eyal Harari highlighted the move as an attractive use of excess capital, pointing to consecutive quarters of profitable growth and double-digit revenue expansion.\n\nRepurchases will be executed at management’s discretion on both the Nasdaq and Tel Aviv Stock Exchange, funded by existing cash resources.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Allot returns $40M to shareholders via buyback amid profitable growth momentum."},"keyFigures":{"customDimensions":{"buyback_amount":40000000}},"quotedText":"Our share repurchase program reflects our confidence in Allot’s strategy and financial strength.","namedEntities":{"people":[{"name":"Eyal Harari","role":"CEO"},{"name":"Seth Greenberg","role":"Contact"},{"name":"Ehud Helft","role":"Investor Relations"},{"name":"Kenny Green","role":"Investor Relations"}],"products":["security-as-a-service (SECaaS)","network intelligence solutions"],"companies":[{"name":"Allot Ltd.","ticker":"ALLT"}],"dollarAmounts":[{"amount":"$40 million","context":"share repurchase program authorization"}]},"materialImpact":{"score":3,"reasoning":"The authorization of a specific $40 million repurchase program represents a material capital allocation decision, signaling management's confidence in undervaluation and financial strength."},"tickerRelevance":{"others":[],"primary":"ALLT"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-mid-cap","eventGravity":"capital-return-authorization","sectorWeight":"software"}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Allot’s Board of Directors authorized a new share repurchase program of up to $40 million, citing confidence in the company’s long-term growth strategy and intrinsic value.\n\nCEO Eyal Harari highlighted the move as an attractive use of excess capital, pointing to consecutive quarters of profitable growth and double-digit revenue expansion.\n\nRepurchases will be executed at management’s discretion on both the Nasdaq and Tel Aviv Stock Exchange, funded by existing cash resources.","key_figures":{"customDimensions":{"buyback_amount":40000000}},"named_entities":{"people":[{"name":"Eyal Harari","role":"CEO"},{"name":"Seth Greenberg","role":"Contact"},{"name":"Ehud Helft","role":"Investor Relations"},{"name":"Kenny Green","role":"Investor Relations"}],"products":["security-as-a-service (SECaaS)","network intelligence solutions"],"companies":[{"name":"Allot Ltd.","ticker":"ALLT"}],"dollarAmounts":[{"amount":"$40 million","context":"share repurchase program authorization"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-23T10:50:18.171Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"small-mid-cap","eventGravity":"capital-return-authorization","sectorWeight":"software"}},"durationMs":102489,"modelName":"george-droid-qwen-72b"}}