OpenText increases share repurchase program by US$200M to US$500M

OPEN TEXT CORP

Total authorization raised from US$300M to US$500M for fiscal 2026 NCIB.
Maximum shares unchanged at 24,906,456; program runs to August 11, 2026.
$190M of common shares already purchased in fiscal 2026; $165M since NCIB start.
CFO cites confidence in robust cash flow as rationale for increase.

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