🟢 Fair Isaac Corporation is trading 6.8% up today after announcing a $2B buyback and $1.5B accelerated share repurchase

Fair Isaac Corporation is trading 6.8% up at $1214.09 after announcing a major capital return plan featuring a new $2.0 billion stock repurchase authorization.

• The company entered into a $1.5 billion accelerated share repurchase (ASR) agreement with Wells Fargo.
• The buyback program is being funded by a new $1.5 billion incremental term loan.
• The aggressive capital return strategy is driving bullish sentiment, significantly outperforming the broader market.