US EditionGlobant Unveils New $125 Million Share Repurchase Program
- Globant S.A. approved a new share repurchase program valued at $125 million, starting in the fourth quarter of 2025.
- Globant stated that the program reflects strong confidence in its long-term strategy and is supported by free cash flow generation.
- Shares may be repurchased through various methods based on factors like market conditions and regulatory requirements, according to Globant.
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Globant (NYSE:GLOB) Declares Share Buyback Program
Globant (NYSE:GLOB - Get Free Report) declared that its board has authorized a share repurchase plan on Wednesday, October 1st, RTT News reports. The company plans to repurchase $125.00 million in shares. This repurchase authorization allows the information technology services provider to purchase up to 5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are…
This is Globant, which this year cut its growth perspective brutally: from 20% to just 2%. It quotes in the Nasdaq index and this year the price of its shares dropped more than 73 percent
Bennington Banner
Globant unveils new $125 million share repurchase program
LUXEMBOURG, Oct. 1, 2025 /PRNewswire/ -- Yesterday, the board of directors of Globant S.A. (NYSE: GLOB) approved a new share repurchase program, authorizing the allocation of up to $50 million per quarter, subject to a maximum aggregate of $125 million,…
The technological giant announced the rescue plan to underpin the value of the company, which collapsed more than 70% in the last year. Read more
The Argentine software company, Globant (GLOB), approved a new buyback program for ordinary shares for a total maximum of US$125 million until the fourth quarter of 2026, authorizing up to US$50 million per quarter. “This buyback program demonstrates our firm confidence in Globant’s long-term strategy,” the company founded in Argentina based in Luxembourg announced. It happens in a bassist environment for Globant’s action, which is listed at US$…
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