other material
confidence high
sentiment positive
materiality 0.75
ACI Worldwide authorizes $400M share repurchase; $65M remaining from prior authorization
ACI WORLDWIDE, INC.
- Board authorized $400M in share repurchases, including $65M unused under existing program.
- Year to date 2024, ACI repurchased ~3M shares for $106M.
- Repurchases allowed via open market, private deals, or Rule 10b5-1 plans; no expiration date.
- Authorization represents ~10% of ACIW market cap, signaling management confidence.