Autodesk, Inc. Buyback
OLI recorded this information on 9/19/2016
Company:
Autodesk, Inc.
Buyback:
ADSK buyback
Share Amount Authorized:
30,000,000
Buyback Details:
Autodesk, Inc. (NASDAQ:ADSK) today announced a program to repurchase up to 30 million shares of the company's common stock, in addition to the approximately 1.5 million shares that remained at the end of the second quarter of fiscal 2017 under previously announced share repurchase programs. The repurchase program provides Autodesk with the ability to cover dilution and reduce shares outstanding over time.
Autodesk is a design software and services company. Co. is engaged in 3D design, engineering and entertainment software and services, providing customers business solutions through technology products and services. Co.'s product offerings include: AutoCAD Civil 3D, which provides a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; AutoCAD, which is a CAD application for design, drafting, detailing, and visualization; and computer-aided manufacturing solutions, which provide solutions for computer numerical control machining, inspection, and modeling for manufacturing.
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Buy (3.05 out of 4) 33rd percentile
(ranked lower than approx. 67% of all stocks covered)
Analysts' Target Price: ADSK Stock Forecast Based on Zacks ABR data; powered by Xignite |