Bentley Systems, Incorporated (NASDAQ: BSY) has declared a cash dividend of $0.07 per share for the fourth quarter of 2025. This dividend will be payable on December 11, 2025, to all stockholders of record of class A and class B common stock as of December 4, 2025.
Additionally, the board of directors has extended the company's stock repurchase program, authorizing the repurchase of up to $500 million of class B common stock and convertible notes from November 21, 2025, through December 31, 2028. This extended authorization supersedes the previous authorization, which was set to expire on June 30, 2026.
The company intends to fund the repurchases from available working capital and cash provided by operating activities. The exact number and value of securities to be repurchased under the program will be determined by the company at its discretion, considering various factors including management's assessment of the intrinsic value of the company's shares, market conditions, and legal requirements.
Bentley Systems, Incorporated, founded in 1984, provides software for infrastructure professionals worldwide, supporting engineering firms and owner-operators across various industry sectors. Through its digital twin solutions, the company aims to help infrastructure professionals unlock the value of their data to transform project delivery and asset performance. The market has reacted to these announcements by moving the company's shares 3.87% to a price of $41.63. Check out the company's full 8-K submission here.
