Forrester Research Inc. (FORR) announced Monday morning that it intends to commence later this week a "modified Dutch auction" self-tender offer to repurchase up to $130 million of its common stock at a price per share within the range of $32.00 to $36.00.
Forrester Research gapped open sharply higher this morning and is now up 2.80 at $34.45. The stock been on an upward trend for the last month and a half and has set a 9-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.