Blackbaud Buyback
OLI recorded this information on 1/22/2024
Company:
Blackbaud
Buyback:
BLKB buyback
$Amount Authorized:
$500,000,000
Buyback Details:
Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced its board of directors has authorized the repurchase of up to $500 million of the company's common stock. The new stock repurchase authority significantly expands and replenishes the company's previous program that authorized the repurchase of up to $250 million in common stock.
Blackbaud is a cloud software company. Co. is engaged in providing software solutions in cloud and hosted environments, providing payment and transaction services, providing software maintenance and support services, and providing other services, including implementation, consulting, training, analytic and other services. Co.'s portfolio is delivered primarily through cloud solutions providing fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility and environmental, social and governance, school management, ticketing, grantmaking, financial management, payment processing and analytics.
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Avg. Broker Rec.
  
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Buy (2.75 out of 4) 15th percentile
(ranked lower than approx. 85% of all stocks covered)
Analysts' Target Price: BLKB Stock Forecast Based on Zacks ABR data; powered by Xignite |
