BUZZ-Kyndryl Holdings rises after it announces $300 mln share repurchase program

Reuters
2024-11-21

** IT infrastructure services provider Kyndryl Holdings

shares up ~7.9% to $30.79

** KD announces a program to repurchase up to $300 mln of its common shares

** The co's management will determine timing and amount of repurchase

** Co said the repurchase program has no set expiration date and can be suspended, modified or discontinued at any time without prior notice

** Including session's moves, stock up ~47% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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