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Clarivate ( (CLVT) ) has provided an announcement.
Clarivate Plc announced a new share repurchase program authorizing the buyback of up to $500 million of its outstanding ordinary shares over a two-year period starting January 1, 2025. This move reflects the company’s confidence in its growth and financial performance, complementing its capital allocation strategy, which includes returning capital to shareholders and reducing debt obligations.
More about Clarivate
Clarivate is a leading global provider of transformative intelligence, offering enriched data, insights and analytics, workflow solutions, and expert services in the areas of Academia & Government, Intellectual Property, and Life Sciences & Healthcare.
YTD Price Performance: -44.82%
Average Trading Volume: 5,246,137
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.63B
See more insights into CLVT stock on TipRanks’ Stock Analysis page.
