SS&C announces $1B common stock repurchase program

SS&C announced that as part of the company’s capital allocation strategy to maximize long-term stockholder value, its Board of Directors has authorized the renewal of the stock repurchase program, which will enable the company to repurchase up to $1B in the aggregate of the Company’s outstanding shares of common stock. Under the renewed program, SS&C’s proposed repurchases may be made from time to time in one or more transactions on the open market or in privately negotiated purchase and/or through other legally permissible means.