Clarivate announces new $500 million share repurchase authorization

London , dec. 16, 2024 /prnewswire/ -- clarivate plc (nyse:clvt) (the "company" or "clarivate"), a leading global provider of transformative intelligence, today announced that its board of directors (the "board") authorized a new share repurchase program of up to $500 million of the company's outstanding ordinary shares through open-market purchases for a period of two years, from january 1, 2025 through december 31, 2026. the new share repurchase program replaces the current share repurchase program which terminates december 31, 2024, under which the company repurchased $300 million of ordinary shares, including $200 million during the third and fourth quarters of 2024.
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