Benzinga | Jan 21, 2022 10:21AM EST

E2open Plans $100M Share Repurchase Program

* E2open Parent Holdings Inc (NYSE:ETWO) board has approved a share buyback of up to $100 million of shares over the next twelve months.

* E2open is a network-based provider of a cloud-based, mission-critical, end-to-end supply chain management platform.

* E2open held $71.5 million in cash and equivalents and generated $28.2 million in operating cash flow during the nine months ended November 30.

* Price Action: ETWO shares traded higher by 0.86% at $8.21 on the last check Friday.