Pegasystems ( (PEGA) ) has issued an announcement.
On March 3, 2025, Pegasystems Inc. announced the full repayment of its 0.75% Convertible Senior Notes, initially issued in February 2020, for $469.6 million. This repayment marks a significant milestone in Pega’s transition to a subscription-based business model and reflects its achievement of Rule of 40 status, underscoring the company’s robust business model and disciplined capital allocation strategy.
More about Pegasystems
Pegasystems Inc., known as The Enterprise Transformation Company, specializes in enterprise AI decisioning and workflow automation. Since 1983, Pega has been assisting organizations in adapting to change by providing scalable and flexible solutions that address challenges such as personalizing engagement, automating services, and streamlining operations.
YTD Price Performance: -15.73%
Average Trading Volume: 794,518
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.74B
Learn more about PEGA stock on TipRanks’ Stock Analysis page.