{"schema_version":"secwatch.filing_event.v1","accession":"0001002638-25-000031","form_type":"8-K","ticker":"OTEX","cik":"0001002638","company_name":"OPEN TEXT CORP","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.643559+00:00","generated_at":"2026-05-24T20:09:41.159129+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"OpenText boosts share repurchase authorization by $150M to $450M; sets up automatic purchase plan","bullets":["Fiscal 2025 NCIB increased from $300M to $450M, a 50% hike; max shares unchanged at 21.2M.","Automatic share purchase plan (ASPP) effective March 14, 2025, enables repurchases during blackout periods.","Since NCIB start (Aug 2024), OpenText bought ~8.9M shares for ~$258M.","CEO cites confidence in strong margins, cash flows, and long-term shareholder value."],"urls":{"canonical":"https://secwatch.observer/filing/0001002638-25-000031","json":"https://secwatch.observer/filing/0001002638-25-000031.json","markdown":"https://secwatch.observer/filing/0001002638-25-000031.md","text":"https://secwatch.observer/filing/0001002638-25-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1002638/000100263825000031/0001002638-25-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1002638/000100263825000031/otex-20250313.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T20:09:41.159129+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}