Q2 Holdings Announces $350M Increase To Stock Buyback Program
Board of Directors has approved up to an additional $350 million of share repurchases, bringing total currently available repurchase capacity to approximately $375 million. Q2 may purchase shares in the open market or
Q2 Holdings got permission to buy back $350 million of its own stock, which usually means the company thinks it's a good deal and has strong finances. When a company buys its own shares, watch to see if that confidence matches how well the business actually performs.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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