Tranche Update on Mitek Systems, Inc.'s Equity Buyback Plan announced on December 19, 2019.
December 07, 2020 at 05:16 pm EST
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From July 1, 2020 to September 30, 2020, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 137,000 shares, representing 0.34% for $1 million under the buyback announced on December 19, 2019.
Mitek Systems, Inc. is a provider of mobile image capture and digital identity verification solutions. It is a software development company with expertise in computer vision, artificial intelligence, and machine learning. Its digital technology solutions are provided in two parts: a software development kit for mobile image capture and a cloud software platform which uses artificial intelligence, and machine learning to classify and extract data to enable mobile check deposit as well as aid the authentication of identity documents including passports, identity cards, and driver's licenses using a camera-equipped device. Its products include Mobile Deposit, Mobile Verify, Mobile Fill, CheckReader, Check Fraud Defender, Check Intelligence, Mitek Verified Identity Platform, MiPass, ID_CLOUD, IDLive Face, IDVoice, IDLive Voice and IDLive Doc. The Company serves more than 7,900 financial services organizations and marketplace and financial technology (fintech) brands around the globe.
MITEK SYSTEMS, INC. 
