- FTI Consulting Inc (NYSE:FCN) Board of Directors authorized the additional amount of $400.0 million to repurchase its outstanding shares on December 1, 2022.
- As of November 30, 2022, FTI has repurchased about 11.3 million shares pursuant to its stock repurchase program at an average price per share of $70.93 for about $799.0 million.
- After the increased authorization, FTI Consulting has approximately $501.0 million remaining available for repurchases under its program.
- The repurchases may be funded using available cash on hand or a combination of cash and available borrowings.
- FTI Consulting held $327 million in cash and equivalents as of September 30, 2022.
- Price Action: FCN shares are trading higher by 0.32% at $169.01 on the last check Friday.
Innoviz Is On Track To Deliver Lidar Technology For CARIAD In The Coming Years
The software company and Tier 1 LiDAR supplier are also in discussions about a possible extension of their partnershipTEL AVIV, Israel, May 2, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the
