Core Viewpoint - CCC Intelligent Solutions Holdings Inc. has authorized a new share repurchase program of up to $500 million, following the full utilization of a previous $300 million program, indicating confidence in the company's long-term growth and capital allocation strategy [1][4]. Group 1: Share Repurchase Program - The new share repurchase program allows the company to buy back shares through various methods, including open market purchases and accelerated share repurchases, without any obligation to repurchase [3]. - The company has entered into an accelerated share repurchase program with Bank of America to repurchase $300 million of its common stock, with an initial delivery of approximately 33.2 million shares, representing about 80% of the expected repurchases [2]. - After the accelerated share repurchase, the company will have $200 million remaining under the new authorization for additional repurchases, which may be funded from available liquidity and free cash flow [3]. Group 2: Company Overview - CCC Intelligent Solutions Inc. is a leading SaaS platform provider for the insurance economy, connecting over 35,000 businesses through its CCC Intelligent Experience (IX) Cloud™ platform [4]. - The company focuses on creating intelligent experiences for various stakeholders in the insurance industry, including insurers, repairers, and automakers, leveraging AI and innovative architecture [4].

Core Viewpoint - CCC Intelligent Solutions Holdings Inc. announced the pricing of a secondary offering of 37,342,526 shares of common stock at a public price of $7.79 per share, with the offering expected to close on or about November 7, 2025 [1][8]. Offering Details - The offering consists entirely of shares held by affiliates of Advent International, L.P., and the company will not receive any proceeds from this sale [1][10]. - Goldman Sachs & Co. LLC is acting as the book running manager for the offering, which is made under an effective shelf registration statement filed with the SEC [2]. Company Overview - CCC Intelligent Solutions Inc. is a leading SaaS platform provider for the insurance economy, connecting over 35,000 businesses through its CCC Intelligent Experience (IX) Cloud platform [4]. - The company focuses on creating intelligent experiences for various stakeholders in the insurance industry, including insurers, repairers, and automakers [4].