Jack Henry Increases Stock Buyback Authorization to 6.4 Million Shares
Jack Henry increased the company's remaining 1.4 million share stock repurchase authorization by another 5.0 million shares, bringing the total current authorization to 6.4 million shares. Thus far in FY26, which began July 1, 2025, Jack Henry has repurchased just over 2 million shares. In October of 2002, the Board of Directors approved the current buyback program, which has been increased on seven previous occasions since that time as shares have been repurchased. The company will finance its share repurchases with available cash reserves or short-term borrowings on its existing credit facility.