ANSYS, Inc. Buyback
OLI recorded this information on 2/21/2018
Company:
ANSYS, Inc.
Buyback:
ANSS buyback
Share Amount Authorized:
5,000,000
Buyback Details:
ANSYS, Inc. (NASDAQ:ANSS) today announced that its Board of Directors has replenished its authorized share repurchase program to an aggregate total of five million shares. This program will allow ANSYS to continue to offset dilution and reduce shares outstanding.
Ansys develops and markets engineering simulation software and services used by engineers, designers, researchers and students. Co. focuses on the development of solutions that enable users to analyze designs directly on the desktop, providing a common platform for product development, from design concept to final-stage testing and validation. Co.'s Discovery product family allows every engineer to benefit from the insight of simulation in their product design. Co. also provides Ansys Workbench connectivity, empowering analysts to do geometry preparation for simulation in Discovery, including materials selections and upfront simulation, with transfer to Ansys Mechanical and Ansys Fluent.
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Hold (2.08 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: ANSS Stock Forecast Based on Zacks ABR data; powered by Xignite |