Bentley Systems, Incorporated (NASDAQ: BSY) has declared a cash dividend of $0.07 per share for the fourth quarter of 2025. This dividend is 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.
Furthermore, 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 securities proposed to be acquired in the stock repurchase program may be repurchased from time to time in open market transactions, through privately negotiated transactions, or by other means in accordance with federal securities laws. The company intends to fund repurchases from available working capital and cash provided by operating activities.
As of the company's latest financial statements, its cash and cash equivalents stood at $369 million, and its operating cash flow for the last twelve months was $140 million. This provides insight into the company's ability to fund the repurchase program.
Bentley Systems, Incorporated is known as the infrastructure engineering software company, providing software solutions for infrastructure professionals worldwide. Founded in 1984, the company offers digital twin solutions 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 2.69% to a price of $41.16. Check out the company's full 8-K submission here.
