Bentley Systems, Incorporated (NASDAQ: BSY) has declared a $0.07 per share dividend for the fourth quarter of 2025. This cash dividend will be payable on December 11, 2025, to all stockholders of record of class A and class B common stock as of the close of business on December 4, 2025.
Additionally, the company's board has extended the BSY stock repurchase program, authorizing the repurchase of up to $500 million of BSY class B common stock and convertible notes from November 21, 2025, through December 31, 2028. This updated authorization supersedes the previous authorization, which was set to expire on June 30, 2026.
The company intends to fund repurchases from available working capital and cash provided by operating activities. The timing, number, and value of securities repurchased under the program will be determined at the company's discretion and will depend on various factors, including management’s assessment of the intrinsic value of the company’s shares, market conditions, available liquidity, and legal requirements.
Bentley Systems, Incorporated is known for providing software that helps infrastructure professionals design, build, and operate better and more resilient infrastructure for transportation, water, energy, cities, and more. Through its digital twin solutions, the company aims to assist infrastructure professionals in unlocking the value of their data to transform project delivery and asset performance. Following these announcements, the company's shares moved 2.69%, and are now trading at a price of $41.16. Check out the company's full 8-K submission here.
