Five9 (FIVN) announced that it has commenced an accelerated share repurchase agreement with JPMorgan Chase Bank, National Association, to repurchase $50M of the company’s common stock under the share repurchase authorization previously announced on November 6, 2025. Under the ASR, on November 12, 2025, the company will make a payment of $50M and expects to receive an initial delivery of approximately 1.9M shares of the company’s common stock. The total number of shares to be repurchased will be based on the average of the daily volume-weighted average price of the company’s common stock during the term of the ASR, less a discount and subject to adjustments pursuant to the terms of the ASR. The final settlement of the ASR is expected to occur by the end of Q1 2026.
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