Pegasystems Expands Current Share Repurchase Program

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Pegasystems Expands Current Share Repurchase Program

CAMBRIDGE, MA--(Marketwired - Nov 24, 2014) - Pegasystems Inc. ( NASDAQ : PEGA ), the software company powering the digital enterprise, today announced that its Board of Directors has authorized an expansion of the Company's current share repurchase program (the "Current Repurchase Program"). Under this expansion, the expiration date of the Current Repurchase Program has been extended from December 31, 2014 to December 31, 2015, and $15 million in repurchases of the Company's common stock between December 31, 2014 and December 31, 2015 has been approved, over and above the amounts repurchased through November 18, 2014. This expansion is effective as of November 18, 2014. For the current fiscal year through November 18, 2014, the Company repurchased 687,758 shares under the Current Repurchase Program, for an average price of $20.13 per share.

At the Company's discretion, the purchases will be made from time to time on the open market or in privately negotiated transactions. Shares may be repurchased in such amounts as market conditions warrant, subject to regulatory and other considerations.

The Company has established a pre-arranged stock repurchase plan, intended to comply with the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and of Rule 10b-18 of the Exchange Act (the "10b5-1 Plan"). Shares that are repurchased under the Current Repurchase Program will be repurchased under the 10b5-1 Plan.

Any actual repurchases under the Current Repurchase Program will be disclosed in the Company's annual reports on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission for the annual and quarterly periods ending between December 31, 2014 and December 31, 2015.

RSS Feeds for Pegasystems Press Releases ,  Pegasystems Media Coverage and Pegasystems Events

About Pegasystems Pegasystems ( NASDAQ : PEGA ) develops strategic applications for sales, marketing, service and operations. Pega's applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega's Global 500 customers include the world's largest and most sophisticated enterprises. Pega's applications, available on-premises or in the cloud, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients' strategic business needs. Pega's clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use and global scale. For more information, please visit us at www.pega.com .

All trademarks are the property of their respective owners

Press Contacts: Lisa Silver Pegasystems Inc. Lisa.Silver@pega.com +1 (617) 498-8848 Twitter: https://twitter.com/pega

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Coastal’s Class Action: Credit Missteps Lead to 43% Drop

Updated Category News Views 3

Coastal's Big Misstep: A Costly Setback Hey, when a stock drops like a rock on negative news, it's a sign for those on the sidelines to take note. Coastal Financial Corporation, known by its ticker NASDAQ: CCB, felt the hard slap of market reality when a single-day nosedive shaved off a hefty 43% of its stock value. It's all thanks to a whopper of a securities class...

Continue Reading
dMY IV Settlement: Investor Rights and Key Dates

Updated Category News Views 5

dMY IV Settlement: What You Need to Know Listen up, folks! If you've got a stake in dMY Technology Group, Inc. IV, there's big news brewing. We're talking class action, settlement talks, and a cool $11 million on the line. Let's crack open what this means for you as a holder of dMY IV Class A common stock during December 2021's whirlwind. Who Can Get a Piece of the...

Continue Reading
Hexagon Composites to Release Q3 2026 Results Soon

Updated Category News Views 3

Anticipating Hexagon's Third Quarter 2026 Results Hexagon Composites ASA, based out of Oslo, Norway, is setting the stage to release its third quarter 2026 financial results. Mark your calendars for November 6, 2026, at the early bird hour of 07:00 am CET. For those of us keen on dissecting the numbers, that's when the real action begins. Executive Insights Await A...

Continue Reading
Vinitaly.USA 2026: Italian Wine Takes Manhattan

Updated Category News Views 3

A Two-Day Wine Extravaganza Hits New York If Italian wine was a stock, the Vinitaly.USA 2026 gathering in New York would be a rallying cry to double down. October 26-27 is set to be a whirl of handshakes and clinking glasses at Pier 36, all under the grand vision of beefing up Italy's hold on the U.S. wine market. As the compass points to growing opportunities, one can't...

Continue Reading
GoDaddy Launches 'Ink Your Link' in NYC

Updated Category News Views 5

GoDaddy's Bold Stunt at the Big Apple In the noise of the New York Stock Exchange, everyone is abuzz with GoDaddy’s latest marketing push. Aptly titled 'Ink Your Link,' this campaign has NYC in its sights this weekend, targeting entrepreneurs and consumers alike. The plan is to open a unique pop-up in Manhattan where business owners can ink a temporary tattoo—a bold...

Continue Reading
Baccarat's Luxe Campaign Courts the High-End Traveler

Updated Category News Views 5

Shining the Spotlight on a Crystal-Clear Vision When Baccarat decides to cast its net over the high-end travel market, they're not doing it with subtlety. Nope, they're going all out, and why wouldn't they? When you've got a brand that's synonymous with luxury, you have to play the part. Enter Adriana Lima, the supermodel who could probably sell sand in the Maldives if...

Continue Reading
WOLFX Super App Surges with 300% Growth Post-Launch

Updated Category News Views 7

A Fast-Paced Entry into the College Scene College life isn’t getting any easier, but the WOLFX app is blazing a trail through U.S. campuses, promising to mend some of the chaos students deal with daily. It's barely taken a breath since launching just a month ago, already knitting itself into the routine of students from 104 universities in 130 cities across America -...

Continue Reading
Think Together Marks 20 Years of ASES Impact in CA

Updated Category News Views 22

Hands-on Learning: California's Bright Future Starts Here Who's ever thought a schoolyard's the same after three? Let me tell you, in California, it's staying alive and kicking, thanks to Think Together's whirlwind of celebrations for the After School Education and Safety (ASES) program. We're talking 450 schoolyard shindigs highlighting not just how far expanded learning...

Continue Reading
Motor Sensor Market to Exceed $5B by 2035 Surge

Updated Category News Views 3

Motor Sensor Market: Facing a New Era of Growth Buckle up, because this motor sensor market is gearing up for one heck of a ride. We're talking a clunky, gritty transition where the market's supposed to rev up to $5.47 billion by 2035, shooting from $3.21 billion in 2026. If you are crunching those numbers like a true market dog, that's a decent CAGR of 6.1%. But what's...

Continue Reading
State Business Formation Trends: Key Insights for Investors

Updated Category News Views 4

Grasping New Business Formation Shifts The fresh ink isn't dry yet on the latest figures from Registered Agents Inc, revealing a surge in entrepreneurial spark throughout the U.S. September 2026 smashed records with over 562,579 new business registrations—the first time this month crossed the half-million threshold. Quite the feat, really, showcasing a 14% uptick from...

Continue Reading

Top 5 Most Recently Viewed Articles

Empowering Students Through Responsible Gaming Education

Updated Category News Views 112

ROGA Introduces Know Your Play Campaign The Responsible Online Gaming Association (ROGA) is thrilled to announce the launch of its innovative Know Your Play campaign. This initiative aims to equip college students with vital knowledge about responsible gaming and financial literacy, laying the groundwork for healthier practices in online gaming. In partnership with EPIC...

Continue Reading
Remarkable Growth of HubSpot Stock Over Five Years Revealed

Updated Category News Views 112

Understanding HubSpot's Investment Potential Investing in stocks can be a daunting decision, but the stellar performance of HubSpot (NYSE: HUBS) over the past five years offers a compelling case for potential investors. With a market capitalization of approximately $28.66 billion, HubSpot has consistently outperformed the market with remarkable annualized returns. The...

Continue Reading
Health Insurance Crisis: Small Businesses Face Unsustainable Costs

Updated Category News Views 132

Small Businesses Struggle with Rising Health Insurance Costs FireflySci shares firsthand challenges as costs surge by over $10,000 annually. Small businesses throughout the United States are facing a significant rise in health insurance costs, creating a serious threat to their financial stability and overall competitiveness. FireflySci, a small American company that...

Continue Reading
Devon Energy's Major Resale of Common Stock Following Acquisition

Updated Category News Views 118

Devon Energy's Share Resale Announcement In a notable development, Devon Energy Corp (NYSE: DVN) has filed a prospectus supplement to facilitate the resale of approximately 37.3 million shares of its common stock. This strategic decision comes on the heels of its acquisition of assets from Grayson Mill Holdings, which adds significant value to its existing portfolio....

Continue Reading
ATFX Engages with Duke of Edinburgh at Iconic Windsor Castle

Updated Category News Views 197

ATFX Hosts Memorable London Experience Recently, ATFX welcomed distinguished clients and partners for an exclusive four-day visit to London. This unique event combined cultural exploration, networking, and memorable experiences, reflecting ATFX's commitment to nurturing strong, lasting relationships with global partners. Exploring London's Iconic Landmarks During their...

Continue Reading