---
schema_version: "secwatch.filing_event.v1"
accession: "0001280058-24-000052"
form_type: "8-K"
ticker: "BLKB"
cik: "0001280058"
company_name: "BLACKBAUD INC"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:33:37.033746+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blackbaud expands stock repurchase program to $800M from $500M

## Summary
- Board reauthorized and expanded buyback program capacity from $500M to $800M; no expiration date.
- In H1 2024, repurchased 2.95M shares for $262.6M, representing ~5.5% of shares outstanding.
- CEO states repurchases at current valuation are best use of capital, supported by cash flows and new debt facility.

## SEC filing metadata
- accession: 0001280058-24-000052
- form_type: 8-K
- ticker: BLKB
- cik: 0001280058
- company_name: BLACKBAUD INC
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280058/000128005824000052/0001280058-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280058/000128005824000052/blkb-20240716.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001280058-24-000052
- JSON: https://secwatch.observer/filing/0001280058-24-000052.json
- Plain text: https://secwatch.observer/filing/0001280058-24-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.