Bentley Systems authorizes up to $200M share repurchase program through June 2024

BENTLEY SYSTEMS INC

Board approved repurchase of up to $200M of BSY Class B common stock through June 30, 2024.
Company to consider market conditions; repurchases opportunistic via open market or private transactions.
Switch from net share withholding to gross equity distributions; expects savings from reduced cash outlay for tax withholding.
Prior de facto repurchases totaled $120.5M in 2021 and $35.1M in Q1 2022.

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