other material
confidence high
sentiment positive
materiality 0.60
Five9 enters $90M accelerated share repurchase with JPMorgan, expects ~3.1M initial shares
Five9, Inc.
- $90M ASR payment on May 5, 2026; initial delivery ~3.1M shares of common stock.
- Final settlement expected by Sep 30, 2026; based on daily VWAP less discount.
- Repurchase under existing authorization previously disclosed in 10-Q filed Apr 30, 2026.
- Shares will reduce outstanding count; discount and adjustments per ASR terms.