Other
Share Repurchase Program, Authorized, Amount
Ciena Share Repurchase Program, Authorized, Amount remained flat by 0.0% to $1.00B in Q3 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ3 2022
Last reportedQ3 2022
How to read this metric
An increase suggests management believes the stock is undervalued or has excess capital to return to shareholders.
Detailed definition
This represents the total dollar amount authorized by the board of directors for the repurchase of the company's common...
Peer comparison
Commonly disclosed by mature companies with strong cash flow and capital return programs.
Metric ID:
other_stock_repurchase_program_authorized_amount1Historical Data
2 periods
| Q4 '21 | Q3 '24 | |
|---|---|---|
| Value | $1.00B | $1.00B |
| QoQ Change | — | +0.0% |
Range$1.00B – $1.00B
Share Repurchase Program, Authorized, Amount at Other Companies
Frequently Asked Questions
- What is Ciena's share repurchase program, authorized, amount?
- Ciena (CIEN) reported share repurchase program, authorized, amount of $1.00B in Q3 2024.
- What does share repurchase program, authorized, amount mean?
- The total dollar amount approved by the board for buying back company shares.