AvidXchange's Board Authorizes First Ever Share Repurchase Plan of up to $100 Million

CHARLOTTE, N.C., Aug. 22, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that its board has approved a share repurchase program effective immediately with authorization to purchase up to $100 million of the Company’s common shares. Repurchases under the program may be made in the open market, in privately negotiated transactions or other ...