BUZZ-Clarivate rises after announcing $500 mln share repurchase program

Reuters
2024-12-17
BUZZ-Clarivate rises after announcing $500 mln share repurchase program

** Information services provider Clarivate's CLVT.N shares up ~4.8% at $5.36

** Co announces program to repurchase up to $500 mln of its common shares through open-market purchases

** CLVT says repurchase program is for a period of two years from Jan. 1, 2025, through Dec. 31, 2026

** Including session's moves, stock down ~42.1% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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