other material
confidence high
sentiment positive
materiality 0.65
Bright Horizons authorizes new $600M share repurchase program, replacing prior $500M plan
BRIGHT HORIZONS FAMILY SOLUTIONS INC.
- Board authorized up to $600M (excl. fees) of common stock repurchases, effective March 9, 2026.
- New program replaces prior $500M authorization from June 2025, of which ~$127.6M remained.
- Shares may be repurchased in open market, private transactions, or under Rule 10b5-1 plans.
- Repurchased shares will be retired; program has no expiration and may be suspended anytime.
- Management discretion on timing and amount based on market conditions and legal requirements.