Blackbaud (BLKB) Rewards Shareholders With Share Repurchase

Blackbaud (BLKB) announced that its board of directors had approved the repurchase of up to $500 million of the company's stock. This new authorization significantly increased the previous program, which allowed the repurchase of up to $250 million in common stock.Blackbaud’s management’s decision to initiate its share buyback program reflects the company's robust cash flow and dedication to enhancing shareholder value. The repurchase program allows the company to buy back its common stock through open mark ...