NICE (NICE) has released an update.
NICE has unveiled a new $500 million share repurchase plan, alongside accelerating its existing $300 million buyback, signifying a strong commitment to shareholder value and confidence in the company’s future growth. CEO Barak Eilam emphasizes the initiative as a strategic investment in NICE’s future, underlining the company’s robust financial position and capacity for continued success. The repurchase operations will be flexible, employing various methods and funded by NICE’s cash reserves and operational cash flow.
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