CCC Intelligent Solutions Holdings Inc. announces $500 million unit buyback authorization and $300 million accelerated buyback program
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CCC Intelligent Solutions Holdings Inc. has announced a $500 million share repurchase authorization, including a $300 million accelerated buyback program with Bank of America. The company initially received approximately 33.2 million shares, representing 80% of the expected repurchase. After this transaction, $200 million remains under the new authorization. The repurchase may occur through open market purchases, privately negotiated transactions, or accelerated share repurchases.
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