Upland Software, Inc. announces an Equity Buyback for $25 million worth of its shares.
September 01, 2023 at 04:56 pm EDT
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Upland Software, Inc. (NasdaqGM:UPLD) announces a share repurchase program. Under the program, the company will repurchase up to $15 million worth of its shares. The authorization does not have a specific expiration date.
The Plan will expire when the Company has repurchased all shares authorized for repurchase under the plan, unless terminated earlier.
Upland Software, Inc. provides cloud-based software applications. The Company's applications enable its customers to drive digital transformation in various business functions, including marketing, sales, contact center, knowledge management, project management, information technology, business operations, and human resources and legal. Its applications interact with consumers across multiple channels to acquire new customers, drive product and service utilization, and resolve issues. It offers applications that help organizations optimize their sales opportunities and account management processes, coordinate proposal and reference activities, collaborate on the creation and publication of digital content and gain increased control over key sales and marketing workflows, activities and budgets. It offers applications that improve customer experience and reduce call volume and cycle times through customer self-service products and voice of the customer (VoC) technology.