Gartner Board Of Directors Increased The Share Repurchase Authorization By $600M In July 2024.
Portfolio Pulse from Benzinga Newsdesk
Gartner's Board of Directors has increased the share repurchase authorization by $600 million in July 2024.

July 30, 2024 | 3:58 pm
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Gartner's Board of Directors has increased the share repurchase authorization by $600 million in July 2024, indicating confidence in the company's financial health and future prospects.
The increase in share repurchase authorization suggests that Gartner's management believes the stock is undervalued and that the company has sufficient cash flow to support the buyback. This is generally seen as a positive signal by investors, likely leading to a short-term increase in the stock price.
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IMPORTANCE 80
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