other material
confidence high
sentiment positive
materiality 0.50
nCino authorizes $100M stock repurchase program, CEO cites confidence in business
nCino, Inc.
- Board authorized up to $100M of common stock repurchases, no time limit.
- Prior repurchase authorization fully utilized prior to this new program.
- Repurchases may occur via open market, block trades, or 10b5-1 plans.
- Program to be funded from existing cash, credit facility, or future cash flows.
- Repurchase program may be modified, suspended, or discontinued at any time.