other material
confidence high
sentiment positive
materiality 0.65
Blackbaud expands stock repurchase program from $250M to $500M
BLACKBAUD INC
- Board reauthorized and expanded buyback capacity to $500M; no expiration date.
- Repurchased $41.1M in Dec 2023 and Jan 2024 before replenishment.
- Between Jan 18-19, 2024, repurchased $0.6M; remaining capacity $499.4M as of Jan 19.
- Program can be suspended or discontinued at any time without prior notice.