SS&C Launches $1.5 Billion Share Buyback Program

Dow Jones
05/21
 

By Robb M. Stewart

 

SS&C Technologies is launched a $1.5 billion share buyback program.

The provider of services and software for the financial services and healthcare industries said Thursday its board authorized the renewal of a program to make share repurchases from time to time, either on the open market or via other means, depending on market conditions.

Chairman and Chief Executive Bill Stone said SS&C's current share price undervalues the company's financial strength and future prospects, given a strong business model and pipelines of opportunities, with artificial intelligence as a structural tailwind.

SS&C's shares were trading down 0.3% at $67 in early trading. The stock had been down 23% year-to-date.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

May 21, 2026 09:36 ET (13:36 GMT)

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