ANSYS, Inc. Buyback
OLI recorded this information on 2/21/2018
Share Amount Authorized:
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 across a spectrum of industries and academia, including aerospace and defense, automotive, electronics, semiconductors, energy, materials and chemical processing, turbomachinery, consumer products, healthcare, and sports. Co. focuses on the development of solutions that enable users to analyze designs directly on the desktop, providing a platform for product development, from design concept to final-stage testing and validation. Co.'s product portfolio include ANSYS Workbench, a framework upon which Co.'s suite of engineering simulation technologies is built.
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Hold (2.20 out of 4)