TTEC sells Colorado building for $45.5M, suspends dividend to reduce debt

TTEC Holdings, Inc.

Sold Englewood Building in Colorado to Catholic Health Initiatives for $45.5M; proceeds to reduce revolving credit line.
Board suspended semi-annual cash dividend on Nov 4, 2024 to prioritize debt reduction from acquisitions.
Plans to move principal executive offices from Colorado to Texas effective January 1, 2025; Denver center remains.
Englewood Building was previously used as principal executive offices but not in business operations.

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