BUZZ-InMode rises as medtech firm launches new share buyback

Reuters03-13

** Shares of Israeli medical device maker InMode INMD.O rise 4% to $13.31 premarket

** Co says it approved new share buyback program to repurchase up to 10% of outstanding shares, or about 6.38 mln shares

** Repurchases will be funded using available cash and may be done in open market or other permitted methods, co says

** Program can be changed, suspended or stopped at any time depending on market conditions, INMD says

** InMode bought back about $127.4 mln of its own shares in 2025, co says

** Co says it continues to generate strong cash flow despite a challenging economic environment and regional conflict

** Shares down ~12% in 2025

(Reporting by Sahil Pandey in Bengaluru)

((Sahil.Pandey@thomsonreuters.com))

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