|Bid||397.38 x 900|
|Ask||397.55 x 800|
|Day's Range||392.97 - 401.39|
|52 Week Range||255.82 - 558.97|
|Beta (5Y Monthly)||1.49|
|PE Ratio (TTM)||96.19|
|Earnings Date||Oct 31, 2022 - Nov 04, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||394.71|
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The latest extension of share repurchasing actions reflects Paycom's (PAYC) confidence in its financial position and is a prudent way of maximizing shareholders' wealth.
OKLAHOMA CITY, August 15, 2022--Paycom Software, Inc. ("Paycom") (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced that its Board of Directors has increased and extended its ongoing stock repurchase plan, such that $1.1 billion is available for repurchases between August 15, 2022 and August 15, 2024. Prior to the increase, approximately $550.0 million was available for repurchases.
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