FICO (FICO) Announces New $250M Stock Repurchase Program
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FICO Announces New Stock Repurchase Program
November 1, 2017 9:01 AM EDTSAN JOSE, Calif., Nov. 1, 2017 /PRNewswire/ -- FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today announced that its Board of Directors has approved a stock repurchase program to acquire up to $250 million of the company's outstanding common stock. This new program was approved following completion of FICO's previous stock repurchase program, which was in effect from July 2016 through October 2017. The new stock repurchase program, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions.
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