Tyler Technologies approves $1.5 billion share repurchase plan
Filed with the SEC on · Summarized by InvestorsBot
Tyler Technologies’ board approved a new authorization on July 24, 2026, effective immediately, allowing the company to repurchase up to $1.5 billion of Class A common stock; as of July 29, total remaining authorization was approximately $1.745 billion. The announcement accompanied second-quarter results showing revenue of $645.1 million, up 8.2%, SaaS revenue growth of 21.7% to $230.6 million, and $118.5 million in free cash flow, while Tyler repurchased $505 million of shares during the quarter.