PTC ANNOUNCES $2 BILLION SHARE REPURCHASE AUTHORIZATION
PTC announced a new $2 billion share repurchase authorization extending through September 30, 2027. The company plans to repurchase approximately $300 million of common stock in fiscal 2025, starting in Q1. PTC's long-term strategy aims to return about 50% of free cash flow to shareholders through share repurchases while considering interest rates and strategic opportunities. The repurchases will be executed through open market purchases, including Rule 10b5-1 plans, with timing and amount dependent on factors like cash flow, economic conditions, and stock price.
PTC ha annunciato una nuova autorizzazione per il riacquisto di azioni da 2 miliardi di dollari che si estende fino al 30 settembre 2027. L'azienda prevede di riacquistare circa 300 milioni di dollari di azioni ordinarie nell'esercizio fiscale 2025, a partire dal primo trimestre. La strategia a lungo termine di PTC mira a restituire circa il 50% del flusso di cassa libero agli azionisti attraverso riacquisti di azioni, considerando i tassi d'interesse e le opportunità strategiche. I riacquisti saranno eseguiti tramite acquisti sul mercato aperto, inclusi i piani Rule 10b5-1, con tempi e importi che dipendono da fattori come il flusso di cassa, le condizioni economiche e il prezzo delle azioni.
PTC anunció una nueva autorización de recompra de acciones de 2 mil millones de dólares que se extenderá hasta el 30 de septiembre de 2027. La empresa planea recomprar aproximadamente 300 millones de dólares en acciones ordinarias en el ejercicio fiscal 2025, comenzando en el primer trimestre. La estrategia a largo plazo de PTC tiene como objetivo devolver alrededor del 50% del flujo de caja libre a los accionistas a través de recompras de acciones, considerando las tasas de interés y oportunidades estratégicas. Las recompras se realizarán a través de compras en el mercado abierto, incluidos los planes Rule 10b5-1, con tiempos y montos que dependerán de factores como flujo de caja, condiciones económicas y precio de las acciones.
PTC는 2027년 9월 30일까지 연장되는 20억 달러의 자사주매입 승인 소식을 전했습니다. 회사는 2025 회계연도 1분기부터 약 3억 달러의 보통주를 매입할 계획입니다. PTC의 장기 전략은 자사주매입을 통해 자유 현금 흐름의 약 50%를 주주에게 환원하는 것을 목표로 하며, 이자율과 전략적 기회를 고려하고 있습니다. 매입은 현물 시장 구매를 통해 진행되며, Rule 10b5-1 플랜을 포함하고, 시기와 금액은 현금 흐름, 경제적 조건 및 주가와 같은 요소에 따라 달라질 것입니다.
PTC a annoncé une nouvelle autorisation de rachat d'actions de 2 milliards de dollars qui s'étend jusqu'au 30 septembre 2027. L'entreprise envisage de racheter environ 300 millions de dollars d'actions ordinaires lors de l'exercice fiscal 2025, à partir du premier trimestre. La stratégie à long terme de PTC vise à retourner environ 50 % du flux de trésorerie disponible aux actionnaires par le biais de rachats d'actions, tout en tenant compte des taux d'intérêt et des opportunités stratégiques. Les rachats seront effectués par des achats sur le marché ouvert, y compris des plans Rule 10b5-1, le moment et le montant étant dépendants de facteurs tels que le flux de trésorerie, les conditions économiques et le prix des actions.
PTC hat eine neue Aktienrückkaufsautorisierung in Höhe von 2 Milliarden Dollar angekündigt, die bis zum 30. September 2027 verlängert wird. Das Unternehmen plant, im Geschäftsjahr 2025 ab dem ersten Quartal rund 300 Millionen Dollar an Stammaktien zurückzukaufen. PTCs langfristige Strategie zielt darauf ab, etwa 50% des freien Cashflows an die Aktionäre durch Aktienrückkäufe zurückzugeben, wobei Zinsen und strategische Möglichkeiten berücksichtigt werden. Die Rückkäufe werden über Marktkäufe durchgeführt, einschließlich Rule 10b5-1-Plänen, wobei Timing und Betrag von Faktoren wie Cashflow, wirtschaftlichen Rahmenbedingungen und Aktienkurs abhängen.
- Board authorized substantial $2 billion share repurchase program
- Commitment to return 50% of free cash flow to shareholders
- Immediate implementation with $300 million planned for fiscal 2025
- Share repurchases by debt paydown requirements
- Program execution dependent on market conditions and cash flow availability
Insights
The
The commitment to return
The program's size and duration suggest strong underlying fundamentals and cash flow generation capabilities. However, investors should note that actual repurchases will depend on various factors including stock price levels and alternative investment opportunities.
"This repurchase authorization demonstrates the Board's confidence in PTC's ability to drive customer value while enhancing shareholder returns, and supports PTC's capital allocation strategy," said Janice Chaffin, Chair of the Board.
"PTC intends to repurchase approximately
PTC expects to make such repurchases through open market purchases, including under Rule 10b5-1 plans, and may repurchase shares through other methods as well.
The specific timing and amount of repurchases will depend on a number of factors, including PTC's free cash flow, general business and economic conditions, alternative investment opportunities, PTC's stock price, and other considerations. The repurchase authorization may be extended, suspended, or discontinued at any time without prior notice and does not obligate us to repurchase any particular amount of common stock in any particular period.
About PTC (NASDAQ: PTC)
PTC (NASDAQ: PTC) is a global software company that enables industrial and manufacturing companies to digitally transform how they engineer, manufacture, and service the physical products that the world relies on. Headquartered in
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FAQ
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