EverCommerce (EVCM) Announces $50M Share Buyback

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EverCommerce Announces $50 Million Share Repurchase Program

June 15, 2022 7:00 AM EDT

DENVER, June 15, 2022 (GLOBE NEWSWIRE) -- EverCommerce Inc. (NASDAQ: EVCM), a leading provider of SaaS solutions for service SMBs, today announced that its Board of Directors has approved a $50 million share repurchase program, under which the company may opportunistically repurchase up to $50 million of its common shares over the next six months.

We are constantly evaluating our capital allocation priorities to maximize shareholder value, said Eric Remer, Chairman and CEO of EverCommerce. We believe share repurchases are an accretive and attractive use of capital and our strong organic growth and... More