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CRITEO REPORTS RECORD FOURTH QUARTER 2024 RESULTS

1. Criteo announced a $225 million share repurchase and $200 million increase in buyback. 2. Targeting mid-single-digit growth in 2025 enhances investor confidence in financial health.

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$38.402/05 07:04 AM EDTEvent Start
$45.8702/06 01:55 PM EDTLatest Updated
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FAQ

Why Bullish?

The share repurchase signals strong cash flow and commitment to shareholder value. Past examples, like similar buyback announcements, often result in stock price appreciation.

How important is it?

This news reflects Criteo's robust financial health and strategic plans, likely influencing investor sentiment. It holds enough significance to reflect a positive outlook for CRTO shares.

Why Short Term?

Recent buyback initiatives typically influence stock prices positively in the near term. Immediate stock movements can see enhanced investor interest following such announcements.

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CRTO
Michael Komasinski Appointed as Chief Executive Officer Deployed Record $225 Million to Repurchase Shares in 2024 Remaining Share Buyback Authorization Increased up to $200 Million Targeting Mid-Single-Digit Growth in 2025 NEW YORK , Feb. 5, 2025 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO) ("Criteo" or the "Company"), the commerce media company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2024.

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