Kyndryl Holdings Sets $300 Million Stock Buyback

Dow Jones11-21

By Colin Kellaher

Kyndryl Holdings on Thursday said its board has authorized a $300 million share-repurchase program.

The New York IT infrastructure services provider, which had nearly 232.3 million shares outstanding as of Oct. 31, sports a market capitalization topping $6.6 billion.

Kyndryl said the buyback program has no expiration date.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

November 21, 2024 07:54 ET (12:54 GMT)

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