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CI&T ( (CINT) ) just unveiled an update.
CI&T Inc, a leader in technology transformation, has announced the renewal of its share repurchase program, allowing the repurchase of up to five million class A common shares. This move aligns with the company’s commitments to stock-based compensation and M&A activities, reflecting strategic financial management. The program’s implementation will depend on market conditions and regulatory requirements, with flexibility for suspension or discontinuation until December 31, 2025.
More about CI&T
CI&T (NYSE: CINT) is a global technology transformation specialist serving over 100 large enterprises and fast-growing clients. With a 29-year history, CI&T excels in AI, strategy, customer experience, software development, cloud services, and data. Their proprietary AI platform, CI&T FLOW, enhances productivity, delivering efficient and scalable solutions. Operating with over 6,700 professionals across 9 countries, CI&T is recognized as a leader in Modern Application Development Services by Forrester.
YTD Price Performance: 11.98%
Average Trading Volume: 61,581
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $788.3M
For a thorough assessment of CINT stock, go to TipRanks’ Stock Analysis page.
