Jul. 29 at 8:43 PM
$TYL Tyler Technologies board approves up to
$1.5B share repurchase program
On July 24, 2026, Tyler's Board of Directors approved a share repurchase plan with authorization to purchase up to
$1.5B of its Class A Common Stock, effective immediately. The Repurchase Plan underscores the board's ongoing confidence in Tyler's business, strategic objectives, and long-term opportunities. It also reflects the view that Tyler's shares continue to be undervalued. The company said, "The Repurchase Plan replaces and supersedes any previous authorizations, except that, for the avoidance of doubt, we may continue to repurchase any amounts not yet repurchased under previous authorizations.
Repurchases may be made in the open market or otherwise in such quantities, at such prices, in such manner and on such terms and conditions as management determines are in the best interests of the company. We may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. The Repurchase Plan does not have a fixed expiration date, does not obligate us to acquire any particular amount of Class A Common Stock, and may be modified, suspended, or terminated at any time. The Repurchase Plan shall be made in accordance with all applicable laws and regulations in effect from time to time. As of July 29, 2026, we have remaining authorization from our Board of Directors to repurchase up to approximately
$1.745 billion of our common stock."
