Paycom Software, Inc.
Paycom Software Authorizes Additional $200M for Stock Repurchases
Summary
On March 5, 2026, Paycom Software, Inc.'s Board of Directors authorized the company to repurchase up to an additional $200 million of its common stock under its existing stock repurchase plan. This decision follows the completion of approximately $1.45 billion in share repurchases since the plan's authorization in July 2024. The repurchases will be conducted in open market transactions, privately negotiated transactions, or by other means in accordance with federal securities laws. The plan's expiration date is August 15, 2026.
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About Paycom Software, Inc.
Paycom Software, Inc. is a leading provider of cloud-based human capital management (HCM) software solutions that serve businesses of various sizes across multiple industries. Paycom's primary purpose is to streamline and automate the complex processes involved in human resources and payroll management. The software suite encompasses a broad range of functionalities, including talent acquisition, personnel management, payroll administration, and benefits management, offering businesses a comprehensive platform to manage their workforce efficiently. With its innovative technology, Paycom has impacted several sectors, notably in healthcare, education, and retail, by enhancing employee engagement and ensuring regulatory compliance. Founded in 1998 and headquartered in Oklahoma City, Paycom is recognized for its user-friendly interface and ability to integrate seamlessly with existing enterprise systems, making it a pivotal player in modernizing HR operations in today's digital economy.
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