OpenText increases share repurchase program to $500M

5 days ago 5

Skip to navigation Skip to main contented Skip to close file

TipRanks

Wed, February 11, 2026 astatine 7:12 AM CST 1 min read

OpenText (OTEX) has accrued its FY26 stock repurchase programme by $200M, whereby it intends to acquisition for cancellation up to a maximum aggregate worth of $500M of its communal shares pursuant to a mean people issuer bid, oregon NCIB. The maximum fig of communal shares that whitethorn beryllium acquired nether the NCIB volition stay unchanged astatine the 24,906,456 communal shares, which was antecedently approved by the TSX. The NCIB is successful effect for the 12-month play that commenced August 12, 2025 and terminates August 11, 2026. During FY26, the institution has purchased for cancellation astir $190M of communal shares arsenic of January 31, 2026, of which astir 5 cardinal communal shares for an aggregate worth of astir $165M person been purchased and cancelled since the opening of the NCIB.

Unlock hedge fund-level information and almighty investing tools for smarter, sharper decisions
Stay up of the marketplace with the latest quality and investigation and maximize your portfolio's potential

Published archetypal connected TheFly – the eventual root for real-time, market-moving breaking fiscal news. Try Now>>

See the apical stocks recommended by analysts >>

Read More connected OTEX:

Disclaimer & DisclosureReport an Issue

OpenText Earnings Call: Cloud Pivot Gains Traction
OpenText terms people lowered to $30 from $33 astatine RBC Capital
OpenText terms people lowered to $26 from $38 astatine UBS
OpenText terms people lowered to $26 from $36 astatine Citi
OpenText terms people lowered to $30 from $39 astatine Barclays

Read Entire Article