BuybackJun 12, 2026, 02:56 PM
Tyler Technologies to Repurchase $150M in Shares via 10b5-1 Plan
AI Summary
Tyler Technologies, Inc. announced it has entered into a Rule 10b5-1 trading plan to repurchase up to $150.0 million of its common stock. This plan is set to begin on June 16, 2026, and conclude on July 30, 2026. The company's Board of Directors had previously authorized a $1.0 billion share repurchase program in February 2026, with $332.7 million remaining under this authorization as of June 12, 2026. The repurchases will be funded through existing cash and credit facilities.
Key Highlights
- Tyler Technologies entered a Rule 10b5-1 trading plan to repurchase up to $150.0 million of common stock.
- Share repurchases under the plan will commence June 16, 2026, and end July 30, 2026.
- The Board of Directors authorized a $1.0 billion share repurchase program on February 3, 2026.
- As of June 12, 2026, $332.7 million remains authorized for repurchases.
- Repurchases are funded using existing cash balances and credit facility borrowings.
- The plan complies with Rule 10b5-1 of the Securities Exchange Act of 1934.
Price Impact
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