Fico May Buyback Up to $150M of Shares

FICO

, the leading provider of analytics and decision management technology, today announced that its Board of Directors has approved a stock repurchase program to acquire up to $150 million of the company's outstanding common stock. This new program was approved following completion of FICO's previous stock repurchase program, which was in effect from October 2011 through July 2012.  The new stock repurchase program, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions.