nCino May Buy Back Up to $100M in Shares

Dow Jones
04-02
 

By Sabela Ojea

 

nCino may buy back up to $100 million in its common shares.

The financial technology company on Tuesday said its board of directors authorized the stock repurchase program.

Overall, the share buyback reflects the company's confidence in its strategy and commitment to allocate capital where it can generate stockholder value, Finance Chief Greg Orenstein said.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

April 01, 2025 16:22 ET (20:22 GMT)

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