Rimini Street Announces Additional Stock Repurchase Transactions
Rimini StreetRimini Street(US:RMNI) Businesswire·2025-12-01 14:00

Core Points - Rimini Street, Inc. announced additional stock repurchase transactions, having repurchased a total of 975,000 shares for approximately $3.8 million at an average price of $3.92 per share, reducing outstanding shares by about 1.1% [2][3] - The company has completed $13.3 million in stock repurchases under its $50 million repurchase plan, which was approved in February 2022 and extended through June 2029 [3] - An Investor Day event is scheduled for December 3, 2025, where the company will present its vision, strategy, sales and execution model, financial model, and guidance [4][5] Stock Repurchase Details - In the fourth fiscal quarter of 2025, Rimini Street repurchased 975,000 shares for approximately $3.8 million, averaging $3.92 per share [2] - The total amount spent on stock repurchases under the plan has reached $13.3 million, with $7.6 million executed in fiscal Q3 and Q4 of 2025 [3] Upcoming Events - The Investor Day event will take place on December 3, 2025, from 8:30 AM to 12:00 PM Eastern [7] - CEO Seth Ravin and the executive team will share insights on the company's future direction during this event [4]