Conduent Adopts $75M Share Buyback Program

  • Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
  • Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
  • Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
Share Price: $0.80
Min. Investment: $1,000
Valuation: $3.5B
  • Conduent Inc CNDT board of directors has approved a share repurchase program of up to $75 million shares.
  • The repurchase will happen over a period of the next three years.
  • "This announcement demonstrates our belief in Conduent's business strategy and the growth opportunities over the long term," said Cliff Skelton, Conduent President and CEO.
  • "This plan underscores the commitment outlined in our recent Investor Briefing to deliver long-term value to our shareholders through a balanced capital allocation strategy and reflects confidence in our cash flow trajectory, balance sheet strength, portfolio rationalization program and belief that our shares are an attractive investment opportunity."
  • The repurchase program may be modified, suspended or discontinued at any time at the company's discretion without prior notice.
  • Conduent held $526 million in cash and equivalents as of March 31, 2023.
  • Price Action: CNDT shares are trading higher by 9.11% at $3.17 on the last check Tuesday.
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CNDTConduent Inc
$2.780.45%

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