KYNDRYL ANNOUNCES $300 MILLION SHARE REPURCHASE AUTHORIZATION [Yahoo! Finance]
Kyndryl Holdings, Inc. (KD)
Company Research
Source: Yahoo! Finance
that its Board of Directors has authorized a $300 million share repurchase program. "Our share repurchase authorization reflects the confidence we have in our business and our outlook for profitable growth," said Martin Schroeter , Kyndryl Chairman and Chief Executive Officer. "Our significant progress in expanding our margins and generating free cash flow is allowing us to begin returning capital to shareholders, while maintaining a prudent capital structure and flexibility to execute on our strategic initiatives." Under the share repurchase program, the Company may repurchase shares of its common stock from time to time in open market transactions and may also repurchase shares in accelerated share buyback programs, tender offers, privately negotiated transactions or by other means. Repurchases may also be made under a Rule 10b5-1 trading plan. The timing and amount of repurchase transactions will be determined by the Company's management based on its evaluation of market condit
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News
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- Greg Newman's Top Picks for December 19, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- What Makes Kyndryl Holdings (KD) a Favorite Stock for Billionaire David Einhorn? [Yahoo! Finance]Yahoo! Finance
- Why Kyndryl Holdings, Inc. (KD) Dipped More Than Broader Market Today [Yahoo! Finance]Yahoo! Finance
KD
Earnings
- 11/6/24 - Beat
KD
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- KD's page on the SEC website