CCC Intelligent Solutions Board Approved Fresh $300M Share Buyback
CCC Intelligent Solutions Board Approved Fresh $300M Share Buyback
CCC Intelligent Solutions Holdings Inc. (the "Company") (NASDAQ:CCCS), a leading cloud platform provider for the P&C insurance economy, today announced that its board of directors has approved a new share repurchase authorization to repurchase up to $300 million of the Company's outstanding common stock.
財產和意外保險經濟的領先雲平台提供商CCC Intelligent Solutions Holdings Inc.(「公司」)(納斯達克股票代碼:CCCS)今天宣佈,其董事會已批准一項新的股票回購授權,用於回購公司高達3億美元的已發行普通股。
Under the repurchase authorization, the Company is authorized to repurchase shares through open market purchases, privately negotiated transactions, or accelerated share repurchases. The repurchase authorization does not obligate the Company to repurchase shares and the specific timing and amount of repurchases may vary based on available capital resources, market conditions, management's discretion, securities law limitations, and other factors. Repurchases, if any, will be funded out of available liquidity and free cash flow.
根據回購授權,公司有權通過公開市場購買、私下協商交易或加速股票回購來回購股票。回購授權並未規定公司有義務回購股票,回購的具體時間和金額可能會因可用資本資源、市場狀況、管理層的自由裁量權、證券法限制和其他因素而異。回購(如果有)將由可用流動性和自由現金流提供資金。