BREAKING: $EPAM enters a $300M Accelerated Share Repurchase (ASR) with Morgan Stanley to buy back stock…
Filed with the SEC on · Summarized by InvestorsBot
BREAKING: $EPAM enters a $300M Accelerated Share Repurchase (ASR) with Morgan Stanley to buy back stock under its $1B board-authorized program 🚨💵 Initial delivery expected Mar 5 — deal confirmed. $EPAM #Buyback #ASR #Stocks #FinTwit
ALERT: What this means — EPS-accretive move: EPAM paid $300M and will receive an initial 1,703,336 shares (~$240M at Mar 4 close). Final shares set by VWAP; settlement by Q2 2026 may add shares or trigger cash settlement. $EPAM #Buyback #EPS #Investing
Crucial details — ASR funded with cash on hand + borrowings under EPAM’s credit facility. Final settlement date is Morgan Stanley’s option within an agreed range; ASR terms allow share or cash adjustments. Watch VWAP and Q2 timing 📅🔍 $EPAM #VWAP #Markets #FinTwit
Confirmed — ASR is part of EPAM’s Oct 2025 Board-approved $1.0B repurchase plan. Initial ~1.70M shares delivered now; final settlement no later than Q2 2026. Short-term float reduction likely -> potential EPS lift 📈⚠️ $EPAM #Buybacks #Stocks #Investing