- In addition to declaring its quarterly dividend, Pegasystems (NASDAQ:PEGA) has added $50M to its buyback authorization, and extended it to June 30, 2016.
- At current levels, the new funds are good for repurchasing ~3% of outstanding shares. The app development software vendor had $225.4M in cash to pay for buybacks with as of March 31.
Pegasystems adds $50M to buyback
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| Symbol | Last Price | % Chg |
|---|---|---|
| PEGA | - | - |
| Pegasystems Inc. | ||