secwatch.observer — SEC 8-K summary
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Issuer:     SS&C Technologies Holdings Inc (SSNC)
CIK:        0001402436
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0000950170-22-013686
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SS&C Technologies authorizes $1B stock repurchase program, citing undervaluation
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- Board authorized up to $1B in common stock repurchases; program runs for one year.
- CEO Bill Stone: current share price undervalues SS&C's financial strength and future prospects.
- Repurchases may be made on open market or via Rule 10b5-1 plans; can be suspended anytime.
- Company will use free cash flow for opportunistic buybacks, debt paydown, and acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402436/000095017022013686/0000950170-22-013686-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402436/000095017022013686/ssnc-20220801.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-013686

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