OLI recorded this information on 1/27/2022
FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced that its Board of Directors has approved a stock repurchase program to acquire up to$500 millionof the company's outstanding common stock. This new program was approved following completion of FICO's previous stock repurchase program, which was in effect fromNovember 2021throughJanuary 2022. The new stock repurchase program, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions.
Fair Isaac is an applied analytics company. Co.'s Scores segment includes its business-to-business scoring solutions and services and its business-to-consumer scoring solutions, including its myFICO.com subscription offerings. Co.'s Software segment includes pre-configured analytic and decision management solutions designed for business need or process, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated services. The Software segment also includes FICO® Platform, a modular software offering designed to support analytic and decision use cases, as well as analytic and decisioning software.
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Buy (3.25 out of 4)