---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-088571"
form_type: "8-K"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:23:03.939394+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Paycom boosts stock repurchase plan to $1.5B through Aug. 2026

## Summary
- Board increased repurchase authorization to $1.5 billion, from ~$676M previously available.
- Company repurchased ~2.3M shares (4% of outstanding) for ~$413M since July 2023.
- Plan extends through Aug. 15, 2026; shares may be repurchased opportunistically.
- CEO cites no debt, strong cash flow, and attractive valuations relative to peers.

## SEC filing metadata
- accession: 0000950170-24-088571
- form_type: 8-K
- ticker: PAYC
- cik: 0001590955
- company_name: Paycom Software, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590955/000095017024088571/0000950170-24-088571-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000095017024088571/payc-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-088571
- JSON: https://secwatch.observer/filing/0000950170-24-088571.json
- Plain text: https://secwatch.observer/filing/0000950170-24-088571.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.