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Docebo Launches US$60 Million Share Buyback Through Substantial Issuer Bid

Story Highlights
  • Docebo has commenced a substantial issuer bid to repurchase up to 2.94 million shares for US$60 million.
  • The fixed-price buyback underscores management’s confidence and may boost earnings per share and shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Docebo Launches US$60 Million Share Buyback Through Substantial Issuer Bid

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Docebo ( (TSE:DCBO) ) has provided an announcement.

Docebo Inc. has formally launched its previously announced substantial issuer bid to repurchase for cancellation up to 2,941,176 of its outstanding common shares at a fixed price of US$20.40 per share, for a total consideration of up to US$60 million, with the offer set to expire on March 10, 2026 unless extended, varied or withdrawn. The move signals management’s confidence in the company’s valuation and capital position, and may enhance earnings per share and shareholder value by reducing the public float, while also giving investors a defined opportunity to tender their shares under regulated terms in both Canada and the United States.

The most recent analyst rating on (TSE:DCBO) stock is a Hold with a C$29.00 price target. To see the full list of analyst forecasts on Docebo stock, see the TSE:DCBO Stock Forecast page.

Spark’s Take on TSE:DCBO Stock

According to Spark, TipRanks’ AI Analyst, TSE:DCBO is a Neutral.

Docebo’s overall stock score reflects strong financial performance and strategic growth initiatives. However, technical analysis indicates bearish trends, and valuation is moderate. Earnings call and corporate events highlight growth potential but also reveal some risks.

To see Spark’s full report on TSE:DCBO stock, click here.

More about Docebo

Docebo Inc., dual-listed on Nasdaq and the TSX, is a learning platform provider focused on corporate training solutions built on artificial intelligence and innovation, serving enterprises seeking scalable, data-driven learning management systems.

Average Trading Volume: 73,605

Technical Sentiment Signal: Sell

Current Market Cap: C$765.2M

For detailed information about DCBO stock, go to TipRanks’ Stock Analysis page.

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