Paycom Software Authorizes $2B Share-Repurchase Program

Dow Jones
May 05
 

By Kelly Cloonan

 

Paycom Software's board approved a new $2 billion stock-repurchase program.

The new buyback plan doesn't have an expiration date, according to a filing with the Securities and Exchange Commission on Monday.

The software company also declared a regular quarterly cash dividend of 37.5 cents a share, which will be paid on June 8 to stockholders of record as of May 26, it said.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

May 04, 2026 19:13 ET (23:13 GMT)

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