trending Market Intelligence /marketintelligence/en/news-insights/trending/lr3ni36y0aqxvzl53rqfyg2 content esgSubNav
In This List

Citrix Systems enters into $750M accelerated share repurchase deal

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


Citrix Systems enters into $750M accelerated share repurchase deal

Citrix Systems Inc. said it entered into an accelerated share repurchase transaction with Goldman Sachs & Co. LLC to repurchase 6.5 million common stocks for $750.0 million.

The deal is based on the current market price of the stocks though it may be adjusted under the agreement. The exact number of shares repurchased will depend on the final price.

The transaction, which is part of Citrix Systems' $2 billion share purchase program approved by its board of directors in November 2017, is expected to conclude in April.