EXL announced on July 29, 2025, that it has entered into an accelerated share repurchase (ASR) agreement with Citibank, N.A. to repurchase $125 million of the company’s common stock. This program is part of EXL's existing $500 million stock repurchase authorization.
Chairman and CEO Rohit Kapoor stated that the ASR reflects confidence in EXL's ability to deliver superior value to clients and sustain its double-digit growth momentum. The repurchase program is intended to maximize stockholder value.
The company plans to fund the $125 million repurchase with available cash on hand and/or borrowings from its credit facility. The final number of shares repurchased will be based on the average daily volume-weighted average prices of the common stock during the ASR term, less a discount.
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