Luminar, CEO, Board Members, and Management Announce Plan to Purchase a Total of $250 Million of LAZR Stock

ORLANDO, Fla.–(BUSINESS WIRE)–Luminar Technologies, Inc. (Nasdaq: LAZR), with support of its CEO, board members, and management, today announced its authorization and intent to purchase $250 million or more of its Class A common stock, which is anticipated to commence today after market open. The company plans to use a portion of the proceeds from a proposed private financing transaction for the share repurchase. “Over the past year, our breakthrough technology and commercial success have beg

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