nCino, Inc. (NCNO), Monday announced that its Board of Directors has authorized a stock repurchase program under which the company may repurchase up to $100 million of its outstanding common stock.
"We have continued to execute at a high level, and with our prior stock repurchase authorization fully utilized, this new buyback reflects our confidence in the strength of our business, strategy, and outlook, and in our commitment to deploying capital in ways that drive stockholder value," said Sean Desmond, Chief Executive Officer of nCino.
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