NICE shares are trading higher after the company announced a deal with a total contract value of over $100 million. The company also announced a new $500 million share repurchase program, and an acceleration of its current $300 million stock buyback.
Portfolio Pulse from Benzinga Newsdesk
NICE shares are trading higher following the announcement of a $100 million contract deal, a new $500 million share repurchase program, and an acceleration of its current $300 million stock buyback.
June 10, 2024 | 11:39 am
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NICE shares are trading higher due to a $100 million contract deal, a new $500 million share repurchase program, and an acceleration of its current $300 million stock buyback.
The $100 million contract deal is a significant revenue boost, while the new $500 million share repurchase program and the acceleration of the current $300 million buyback are likely to increase shareholder value and investor confidence, driving the stock price higher.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100