Blackbaud Announces Reauthorized, Expanded and Replenished $500M Stock Repurchase Program
BLKBBlackbaud(BLKB) Prnewswire·2024-01-23 05:10

CHARLESTON, S.C., Jan. 22, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced its board of directors has authorized the repurchase of up to 500millionofthecompanyscommonstock.Thenewstockrepurchaseauthoritysignificantlyexpandsandreplenishesthecompanyspreviousprogramthatauthorizedtherepurchaseofupto500 million of the company's common stock. The new stock repurchase authority significantly expands and replenishes the company's previous program that authorized the repurchase of up to 250 million in common stock. "The expanded authorization of our stock repurchase program is reflective of our ...