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Opentext将2025年普通课程发行商出价提高1.5亿美元
2025-03-14 05:10
- OpenText (NASDAQ:OTEX) has increased its previously announced fiscal 2025 normal course issuer bid (NCIB) by $150M, to purchase for cancellation up to a maximum aggregate value of $450M of its shares.
- The maximum number of shares that may be acquired under the NCIB will remain unchanged at the 21.18M shares previously approved by the Toronto Stock Exchange.
- As part of the NCIB, it has established an automatic share purchase plan with its broker to facilitate repurchases of the shares.
- The NCIB is in effect for the 12-month period that commenced August 7, 2024 and terminates August 6, 2025.
- Since the beginning of the NCIB, OTEX has purchased for cancellation ~8.9M shares for an aggregate value of ~$258M.
- Source: Press release
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- Open Text Q2 2025 Earnings Preview
- Seeking Alpha’s Quant Rating on Open Text
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