FICO Announces $2 Billion Stock Buyback Program

By Chris Stiles • Monday, June 08 12:08 • Permanent Link

FICO said its board approved a new stock repurchase program allowing the company to buy back up to $2.0 billion of its common stock, replacing the remaining capacity under its prior $1.5 billion authorization.

The company also added a $1.5 billion incremental term loan on June 5 and drew the full amount the same day. FICO said it will use the proceeds to fund an accelerated share repurchase program.

Under that ASR agreement, FICO will make a $1.5 billion upfront payment to Wells Fargo Securities on June 8 and expects an initial delivery of about 1,055,100 shares of common stock. The final share count will depend on the stock’s volume-weighted average price during the ASR term, less a discount and subject to adjustments.

FICO said the ASR transactions are expected to be completed by the end of its current fiscal year on September 30, 2026. Today the company's shares have moved 5.27% to a price of $1197.23. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.