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Fair Isaac's board approves new stock buyback program

Fair Isaac Corp.'s board approved an open-ended stock repurchase program to acquire up to $250 million of the company's outstanding common stock.

The new buyback program was approved after the completion of the company's previous stock repurchase program, which was in effect from July 2018 through July 2019. The company may repurchase shares in the open market and in negotiated transactions.