Jack Henry & Associates Expands Stock Buyback Authorization by 5 Million Shares
Jack Henry & Associates, identified by its ticker symbol JKHY, has announced an expansion to its existing stock buyback authorization. The company's board has approved an increase of 5 million shares to the program, allowing for further repurchase of its common stock from the open market.
Jack Henry & Associates (JKHY) has expanded its current stock buyback authorization. This corporate decision allows the company to repurchase a greater number of its own shares.
The authorization for share repurchases has been increased by an additional 5 million shares.
According to Yahoo Finance, this move by Jack Henry & Associates will permit the company to acquire more of its common stock.

