Globant SA Announces New $125 Million Share Repurchase Program

Reuters

2025/10/02

Globant SA Announces New $125 Million Share Repurchase Program

Globant S.A. $(GLOB)$ has announced that its board of directors approved a new share repurchase program, authorizing the allocation of up to $50 million per quarter, with a maximum aggregate of $125 million, for the repurchase of its common shares. The program will begin in the fourth quarter of 2025 and run through the fourth quarter of 2026. The company is not obligated to repurchase any specific amount of shares, and the timing, price, and number of shares repurchased will be at management's discretion, subject to business and market conditions and other factors. Currency: USD.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Globant SA published the original content used to generate this news brief via PR Newswire (Ref. ID: SP88562) on October 01, 2025, and is solely responsible for the information contained therein.

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ID: SP88562) on October 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B0169N27.USD","symbol_name":"STEWARD INVESTORS GLOBAL EMERGING MARKETS LEADERS \"I\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251001:nNDL1f5sWr:1","article_id":"2572133557","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572133557","pubTimestamp":1759350277,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Globant S.A.  has announced that its board of directors approved a new share repurchase program, authorizing the allocation of up to $50 million per quarter, with a maximum aggregate of $125 million, for the repurchase of its common shares. 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