NYSE:VYXSoftware
NCR Voyix Expands $300 Million Buyback As Shares Screen Undervalued
NCR Voyix (NYSE:VYX) has expanded its share repurchase program to $300 million.
The authorization covers buybacks of both common and preferred stock.
The decision reflects a capital allocation move by the board aimed at shareholder value.
NCR Voyix, known for its software and services for retailers, restaurants and banks, is making this move at a time when many transaction driven and payments related businesses are reassessing how they use cash. For investors, a $300 million repurchase pool...