Stock BuybacksBy The Online Investor Staff, updated Thu., Aug. 6, 5:38 AM
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Slide #2. FICO
FICO (FICO )
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 $250 million of the company's outstanding common stock. This new program was approved following completion of FICO's previous stock repurchase program, which was in effect from July 2019 through July 2020. 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 a provider of analytic, software and data management products and services. Co.'s segments are: Applications, which includes pre-configured decision management applications designed for business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management; Scores, which includes its business-to-business scoring solutions and services, its business-to-consumer scoring solutions and services including myFICO® solutions for consumers, and associated services; and Decision Management Software, which is composed of analytic and decision management software tools and Co.'s FICO® Decision Management Suite.
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Strong Buy (3.57 out of 4)
(ranked higher than approx. 67% of all stocks covered)
Based on Zacks ABR data;
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