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Stock Repurchase Program Authorized by nCino (NASDAQ:NCNO)

Summary by marketbeat.com
nCino (NASDAQ:NCNO - Get Free Report) announced that its board has initiated a share repurchase program on Tuesday, April 1st, RTT News reports. The company plans to buyback $100.00 million in shares. This buyback authorization authorizes the company to purchase up to 3.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

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Nikkei broke the news in Japan on Thursday, April 3, 2025.
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