Kyndryl authorizes $300 million share repurchase program

Kyndryl Holdings, Inc.

$300 million share repurchase program authorized by board.
Buyback may be executed via open market, accelerated buybacks, tender offers, or privately negotiated transactions.
Program has no set expiration date; may be suspended, modified, or discontinued at any time without notice.
CEO Martin Schroeter cites margin expansion and free cash flow as drivers for returning capital to shareholders.
Company also holding Investor Day on Nov 21, 2024 to discuss growth strategy.

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