TYLER TECHNOLOGIES INC 8-K
Research Summary
AI-generated summary
Tyler Technologies Announces $1B Share Repurchase Plan
What Happened
Tyler Technologies, Inc. announced on February 4, 2026, that its board of directors approved a share repurchase plan authorizing the company to buy up to $1.0 billion of its Class A Common Stock. The Repurchase Plan is effective immediately and replaces any prior repurchase authorizations.
Key Details
- Board approval date: February 4, 2026.
- Authorization amount: up to $1.0 billion of Class A Common Stock.
- Repurchases may be made in the open market or by other means at the discretion of Tyler’s CEO and CFO.
- The company may adopt Rule 10b5-1 plans to facilitate repurchases; the plan has no fixed expiration, no obligation to buy any specific amount, and may be modified, suspended, or terminated at any time.
Why It Matters
The approved repurchase plan gives Tyler flexibility to buy back shares, which, if executed, would reduce outstanding Class A shares (affecting share count and related per-share metrics). The authorization is discretionary — not a commitment to purchase — and management will determine timing, amounts, and methods in accordance with applicable laws and regulations.