
SS&C Technologies Holdings, Inc. Buyback
OLI recorded this information on 8/8/2019
Company:
SS&C Technologies Holdings, Inc.
Buyback:
SSNC buyback
$Amount Authorized:
$500,000,000
Buyback Details:
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that as part of the Company's long-term strategy to maximize stockholder value, its Board of Directors authorized the repurchase of up to $500 million of the Company's common stock from time to time in one or more transactions on the open market or in privately negotiated purchases.
SS&C Technologies Holdings is a holding company. Through its subsidiaries, Co. is a provider of software-enabled services that allow financial services providers to automate business processes. Co. provides its solutions to clients principally within institutional asset and wealth management, alternative investment management, brokerage, retirement, financial advisory and financial institutions vertical markets. In addition, Co. provides solutions to the healthcare industry including pharmacy, healthcare administration and health outcomes optimization solutions. Co.'s healthcare solutions include claims adjudication, benefit management, care management, and business intelligence services.
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![]() Buy (3.15 out of 4) 40th percentile
(ranked lower than approx. 60% of all stocks covered)
Analysts' Target Price: SSNC Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |
