FICO Announces $2 Billion Stock Repurchase Program

By Tamara Parker • Monday, June 08 16:07 • Permanent Link

FICO said its board approved a new stock repurchase authorization of up to $2.0 billion, replacing the $1.5 billion program that still had remaining capacity.

The company also drew the full $1.5 billion of a new incremental term loan on June 5, then said it will use those proceeds to fund an accelerated share repurchase program. Under that deal, FICO will make an upfront payment of $1.5 billion on June 8 and expects to receive about 1,055,100 shares immediately.

The company said the final share count will depend on the volume-weighted average price of its stock during the ASR period, and the transaction is expected to finish by Sept. 30, 2026, the end of FICO’s current fiscal year. The market has reacted to these announcements by moving the company's shares 6.26% to a price of $1208.55. If you want to know more, read the company's complete 8-K report here.

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