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The latest update is out from Endava ( (DAVA) ).
Endava plc announced it will hold a General Meeting on March 14, 2025, to discuss and approve a resolution for a share repurchase program of up to $100 million. This decision, subject to shareholder approval, will allow the company to repurchase its Class A ordinary shares, reflecting a strategic move to enhance shareholder value and optimize its capital structure. The resolution includes the approval of specific share repurchase contracts and counterparties, valid for five years. The meeting is not the annual general meeting, which is scheduled for later in the year.
More about Endava
Endava plc is a technology company based in London, United Kingdom, that provides digital transformation consulting, agile software development services, and technology solutions. The company specializes in delivering innovative technology services to a range of industries, focusing on enhancing business performance through digital transformation.
YTD Price Performance: 0.07%
Average Trading Volume: 353,935
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.93B
See more insights into DAVA stock on TipRanks’ Stock Analysis page.
