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SS&C Technologies Boosts Stock Incentive Plan and Repurchase

Story Highlights
  • SS&C stockholders approved a 6 million share increase under the 2023 Stock Incentive Plan.
  • The Board authorized a $1.5 billion stock repurchase program and a $0.25 dividend per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SS&C Technologies Boosts Stock Incentive Plan and Repurchase

Confident Investing Starts Here:

SS&C Technologies Holdings ( (SSNC) ) has provided an update.

At the Annual Meeting of Stockholders on May 21, 2025, SS&C Technologies Holdings‘ stockholders approved an amendment to increase the shares reserved under the 2023 Stock Incentive Plan by 6,000,000 shares. Additionally, the Board of Directors authorized a 50% increase in the stock repurchase program, allowing up to $1.5 billion in share repurchases, reflecting the company’s strategy to maximize shareholder value. The Board also approved a quarterly dividend of $0.25 per share, payable on June 16, 2025. These decisions highlight SS&C’s focus on capital allocation to enhance shareholder value and its belief in the company’s undervalued stock price.

The most recent analyst rating on (SSNC) stock is a Buy with a $94.00 price target. To see the full list of analyst forecasts on SS&C Technologies Holdings stock, see the SSNC Stock Forecast page.

Spark’s Take on SSNC Stock

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

SS&C Technologies Holdings has a strong financial foundation with consistent revenue growth and profitability, supported by robust cash flow management. Technical indicators suggest mixed momentum, while valuation metrics indicate a slightly high valuation. Recent earnings call results were strong, but future guidance remains cautious. The appointment of a new independent director adds a positive strategic dimension to the company’s growth prospects.

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

More about SS&C Technologies Holdings

SS&C Technologies is a global provider of services and software for the financial services and healthcare industries. Founded in 1986 and headquartered in Windsor, Connecticut, the company serves over 22,000 organizations worldwide, ranging from large corporations to small and mid-market firms.

Average Trading Volume: 1,608,512

Technical Sentiment Signal: Buy

Current Market Cap: $19.83B

Learn more about SSNC stock on TipRanks’ Stock Analysis page.

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