Perion Network Ltd.
For the period ended Nov 12, 2025. Filed Nov 12, 2025.
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Nov 12, 2025 · Filed Nov 12, 2025
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EX-99.1 · Share Repurchase Program
Share Repurchase Program
| ● | During the third quarter of 2025, the Company repurchased a total of 0.8 million shares for a total amount of $7.5 million |
| ● | As of September 30, 2025, the Company repurchased a total of 10.4 million shares for a total amount of $94.2 million |
| ● | In November 2025, Perion’s Board of Directors principally approved a $75 million expansion of the previously authorized share repurchase program of $125 million of its outstanding shares, to a total of $200 million, to become effective subject to satisfaction of the requirements of the Companies law and regulations |
5 We have not provided an outlook for GAAP Income from operations or reconciliation of Adjusted EBITDA guidance to GAAP Income from operations, the closest corresponding GAAP measure, because we do not provide guidance for certain of the reconciling items on a consistent basis due to the variability and complexity of these items, including but not limited to the measures and effects of our stock-based compensation expenses directly impacted by unpredictable fluctuation in our share price and amortization in connection with future acquisitions. Hence, we are unable to quantify these amounts without unreasonable efforts.
6 Contribution ex-TAC, non-GAAP Net Income, Adjusted EBITDA and non-GAAP Diluted EPS are non-GAAP measures. See below reconciliation of GAAP to non-GAAP measures.
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