secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBAUD INC (BLKB)
CIK:        0001280058
Form:       8-K
Filed at:   2024-01-22T23:59:59+00:00
Accession:  0001280058-24-000005
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blackbaud expands stock repurchase program from $250M to $500M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280058/000128005824000005/0001280058-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280058/000128005824000005/blkb-20240117.htm
  HTML page:      https://secwatch.observer/filing/0001280058-24-000005

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