other material
confidence high
sentiment positive
materiality 0.65
Blackbaud expands share repurchase program to $1B, raises 2025 buyback guidance
BLACKBAUD INC
- Board raised buyback capacity from $800M to $1B; program has no expiration date.
- YTD 2025 repurchased 2.7M shares for $174.5M, reducing float ~6.7% YTD and >10% since Q4 2023.
- FY2025 expected repurchase range increased to 7.0%–8.5% of outstanding common stock.
- CEO cites current valuation as best capital use; targets mid-single-digit revenue growth and double-digit non-GAAP EPS growth.