Commvault Systems Inc. has executed a buyback transaction, repurchasing approximately 0.66 million units of its common stock for around $117.7 million. The buyback was conducted at a price of $178.78 per unit. This transaction is part of Commvault's existing share repurchase program and was carried out concurrently with the pricing of their convertible senior notes offering. The buyback may have influenced the trading prices of Commvault's common stock, potentially resulting in a higher initial conversion price for the notes.
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. CommVault Systems Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY64239) on September 03, 2025, and is solely responsible for the information contained therein.