NasdaqGS:NSITElectronic
Insight’s Expanded US$2 Billion Credit and New Buyback Might Change The Case For Investing In NSIT
Insight Enterprises recently amended its asset-based credit agreement, lifting its revolving credit facility to the US$2.00 billions equivalent, extending its maturity to December 19, 2030, and adding more flexibility around receivables sales across multiple geographies and currencies.
On the same day, the company also completed a prior repurchase plan and authorized a new US$299 million share buyback, signaling management’s confidence in liquidity and capital allocation discipline.
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