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Blackbaud Intends To Repurchase 7%-10% Of Outstanding Shares Under $500m Stock Repurchase Program

Author: Benzinga Newsdesk | March 04, 2024 08:35am

 Blackbaud (NASDAQ:BLKB), the leading provider of software for powering social impact, today announced that it intends to repurchase 7% to 10% of the Company's common stock through the end of 2024. The repurchases will be made through a combination of accelerated share repurchase plans, block trades, and open market purchases as part of the Company's previously announced $500 million share repurchase authorization.

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