Ribbon Communications Inc. (RBBN)

Ribbon Communications, Inc. delivers communications software, IP and optical networking solutions to service providers, enterprises, and infrastructure sectors. It operates through the Cloud and Edge, and IP Optical Networks segments. The Cloud and Edge segment provides secure and reliable software and hardware products, solutions, and services for enabling Voice over Internet Protocol (VoIP) communications, Voice over Long-Term Evolution (VoLTE) and Voice Over 5G (VoNR) communications, and Unified Communications and Collaboration (UC&C) within service provider and enterprise networks and from the cloud. The IP Optical Networks segment provides secure, and reliable hardware and software products solutions for IP networking, switching, routing, and optical transport designed to support and enable technologies like 5G, distributed cloud computing and corresponding applications by delivering ultra-low cost-per-bit transport and multi-service flexibility. The company was founded in 1997 and is headquartered in Plano, TX.

Address

6500 CHASE OAKS BOULEVARD
PLANO, TX 75023

Founded

1997

Number of Employees

3,107

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - $3,318 $5,726 $1,688 $14,443 $2,775 $4,472 $2,634 $5,008
Average Price - - - - $6.33 $4.71 $3.58 $8.23 $3.09 $3.04 $2.71 $4.80
# Shares Purchased - - - - 524,516 1,216,587 472,028 1,754,963 897,059 1,470,953 970,758 1,043,838
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - -52.6% -36.3% -16.1% -63.5% -3.0% -1.3% 10.6% -37.5%
S&P 500 Return to Date - - - - 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 54.4%
Excess Total Return - - - - -157.4% -129.4% -91.0% -95.2% -40.3% -32.7% 3.2% -91.8%
Quartile Rank
Percentile Rank - - - - 12% 16% 20% 9% 43% 36% 62% 20%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

Insider Transactions

Filters

Keyboard Shortcuts: Show (a) | Close (Esc)