ACI Worldwide authorizes $250M share repurchase program, citing confidence in strategy

ACI WORLDWIDE, INC.

Board authorized repurchase of up to $250M in common stock, including $38M remaining under prior authorization.
Company has repurchased $100M of stock since start of 2020; plans to use significant portion within 12 months.
CEO says authorization reflects confidence in three-pillar strategy and long-term vision for real-time payments.
CFO says targeting half of free cash flow to share repurchases in near term, consistent with analyst day.
Repurchases may be made in open market or private transactions; authorization has no expiration.

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