Verisk Analytics, Inc. (VRSK), a data analytics and technology provider, on Monday announced accelerated share repurchase agreements to buy back an aggregate of $1.5 billion of its stock from HSBC Bank USA, National Association and Wells Fargo Bank, National Association.
The counterparties are expected to deliver about 7 million shares initially at the inception of the agreements.
The final settlement is expected no later than the third fiscal quarter ending September 30.
The company said about $1 billion will remain available under the company's existing share repurchase authorization following the ASR agreements.
In the pre-market trading, Verisk Analytics is 1.36% higher at $184.98 on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
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.