NICE Boosts Share Repurchase Program: Time to Buy the Stock?
NICE(NICE) ZACKS·2024-06-12 04:01
Nice (NICE) is expanding its share repurchase program, with the board of directors approving a new $500 million program. It plans to accelerate share buyback under the current $300 million program.NICE has been aggressively acquiring shares in the past three years. In 2021, 2022 and 2023, Nice bought shares worth $73 million, $145 million, and $288 million, respectively. In the first quarter of 2024, NICE used $41.5 million to buy back shares.The latest program reflects the company’s commitment to continuou ...