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EXL Board Authorizes Significant Stock Repurchase Program
EXLSExlService (EXLS) Newsfilter·2024-02-29 11:00

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- ExlService Holdings, Inc. (NASDAQ:EXLS), a leading global analytics and digital operations and solutions company, today announced that its Board of Directors has authorized a 500millioncommonstockrepurchaseprogram,effectiveMarch1,2024,foratwoyearperiod,inlinewithourcapitalallocationstrategy."During2023,werepurchasedapproximately500 million common stock repurchase program, effective March 1, 2024, for a two-year period, in line with our capital allocation strategy. "During 2023, we repurchased approximately 125 million of our common stock," said Maurizio Nicolelli, executive vice president and chief financial offic ...