Blackbaud Announces Reauthorized, Expanded and Replenished $800 Million Stock Repurchase Program
Blackbaud(BLKB) Prnewswire·2024-07-19 04:10
CHARLESTON, S.C., July 18, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced its board of directors has reauthorized, expanded and replenished the company's existing stock repurchase program, raising the total capacity from $500 million to $800 million available for repurchases of the company's common stock. "We believe there is no better use of capital at this time than repurchasing shares at this valuation to improve shareholder val ...