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Paycom Expands Share Repurchase Authorization with Added Funds

Story Highlights
  • On March 5, 2026, Paycom’s board authorized an additional $200 million stock repurchase after completing about $1.45 billion in buybacks since July 2024.
  • The renewed buyback program, expiring Aug. 15, 2026, allows flexible repurchases based on market conditions and corporate considerations and can be suspended anytime.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paycom Expands Share Repurchase Authorization with Added Funds

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Paycom ( (PAYC) ) has shared an announcement.

On March 5, 2026, Paycom Software, Inc.’s board authorized an additional $200 million for repurchases of the company’s common stock under its existing stock buyback plan, partially replenishing the program after Paycom completed roughly $1.45 billion in aggregate share repurchases since the plan’s launch in July 2024. The company said repurchases may occur via open market or privately negotiated transactions, including accelerated buybacks, with timing and volume determined at the board committee’s discretion based on market and corporate factors, and noted that the plan is set to expire on Aug. 15, 2026 and can be suspended or discontinued at any time.

The most recent analyst rating on (PAYC) stock is a Hold with a $143.00 price target. To see the full list of analyst forecasts on Paycom stock, see the PAYC Stock Forecast page.

Spark’s Take on PAYC Stock

According to Spark, TipRanks’ AI Analyst, PAYC is a Outperform.

PAYC scores as a solid-quality, profitable software company with a conservative balance sheet and strong cash generation, supported by reasonable valuation and constructive (but decelerating) 2026 guidance. The main offset is weak technical momentum, with the stock in a pronounced downtrend and negative MACD, keeping the overall score in the above-average—not top-tier—range.

To see Spark’s full report on PAYC stock, click here.

More about Paycom

Paycom Software, Inc. is a provider of human capital management software, offering cloud-based solutions that help organizations manage payroll, HR, and related workforce processes. The company operates in the broader business software and services industry, focusing on enterprises seeking integrated, technology-driven tools to streamline employee management and administrative functions.

Average Trading Volume: 1,516,889

Technical Sentiment Signal: Sell

Current Market Cap: $7.15B

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

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