Alight announces $75 million accelerated share repurchase agreement

Lincolnshire, ill.--(business wire)--alight (nyse: alit or the “company”), a leading cloud-based human capital technology and services provider, today announced that it has entered into an accelerated share repurchase agreement ("asr") with barclays bank plc to repurchase $75 million of alight's common stock, as part of the company's existing share repurchase program which had remaining authority of $168 million as of june 14, 2024. under the terms of the asr, alight will make an initial paymen.
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