TTEC Holdings Shares Down After Founder Withdraws Buyout Proposal

Dow Jones

2025/08/02

By Josh Beckerman

TTEC Holdings shares fell 38% to $3.09 during the regular session after founder and Chief Executive Kenneth Tuchman withdrew a nonbinding buyout proposal because of market conditions.

TTEC's operations include call centers, consulting and technology for tasks like voice translation. In September, Tuchman proposed buying the company for $6.85 a share.

"While I am not proceeding with the proposed transaction at this time, I remain TTEC's largest shareholder and am fully committed to the company's future success and its strategy going forward," Tuchman said in a letter to the board included in a securities filing.

In after-hours trading, shares were up 3 cents to $3.12.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

August 01, 2025 18:32 ET (22:32 GMT)

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In September, Tuchman proposed buying the company for $6.85 a share. \n</p>\n<p>\n  \"While I am not proceeding with the proposed transaction at this time, I remain TTEC's largest shareholder and am fully committed to the company's future success and its strategy going forward,\" Tuchman said in a letter to the board included in a securities filing. \n</p>\n<p>\n  In after-hours trading, shares were up 3 cents to $3.12. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 01, 2025 18:32 ET (22:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4106","symbol_name":"数据处理与外包服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2556223849","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2556223849","pubTimestamp":1754087520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"TTEC Holdings shares fell 38% to $3.09 during the regular session after founder and Chief Executive Kenneth Tuchman withdrew a nonbinding buyout proposal because of market conditions.TTEC's operations include call centers, consulting and technology for tasks like voice translation. In September, Tuchman proposed buying the company for $6.85 a share.\"While I am not proceeding with the proposed transaction at this time, I remain TTEC's largest shareholder and am fully committed to the company's future success and its strategy going forward,\" Tuchman said in a letter to the board included in a securities filing.In after-hours trading, shares were up 3 cents to $3.12.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4106":"数据处理与外包服务","TTEC":"TTEC Holdings","BK4226":"数据处理及外包服务"},"translate_title":"创始人撤回收购提案后TTEC Holdings股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TTEC":1},"content_text":"By Josh Beckerman \n\n\n \n\n\nTTEC Holdings shares fell 38% to $3.09 during the regular session after founder and Chief Executive Kenneth Tuchman withdrew a nonbinding buyout proposal because of market conditions. \n\n\n  TTEC's operations include call centers, consulting and technology for tasks like voice translation. In September, Tuchman proposed buying the company for $6.85 a share. \n\n\n  \"While I am not proceeding with the proposed transaction at this time, I remain TTEC's largest shareholder and am fully committed to the company's future success and its strategy going forward,\" Tuchman said in a letter to the board included in a securities filing. \n\n\n  In after-hours trading, shares were up 3 cents to $3.12. \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 01, 2025 18:32 ET (22:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}