E2open (ETWO) Announces Stock Repurchase Plan of up to $100 Million
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E2open Announces a Stock Repurchase Plan of up to $100 Million
January 21, 2022 9:15 AM ESTAUSTIN, Texas--(BUSINESS WIRE)-- E2open Parent Holdings, Inc. (NYSE: ETWO), a leading network-based provider of a cloud-based, mission-critical, end-to-end supply chain management platform, today announced that the Company's Board of Directors has approved a program for the repurchase of up to $100 million of E2open shares of Class A common stock over the next twelve months. E2open has approximately 301.4 million shares of Class A common stock outstanding as of January 10, 2022.
E2open is a highly profitable subscription software business with double digit organic revenue growth that generates substantial free cash flow, said... More