nCino, Inc. announced a new Stock Repurchase Program, allowing for up to $100 million in common stock buybacks. CEO Sean Desmond expressed confidence in the company’s business and strategy. Repurchases may occur through various methods, and the program has no set time limit. nCino plans to fund the program with existing cash, credit facility capacity, and future cash flows. The Company aims to enhance strategic decision-making, improve risk management, and elevate customer satisfaction by integrating artificial intelligence into its platform. For more information, visit www.ncino.com. Investors can contact [email protected] and media inquiries can be directed to [email protected].
Read more at GlobeNewswire: nCino Announces Stock Repurchase Program
