NasdaqGS:OTEXSoftware
Reaffirmed Outlook, Bigger Buyback and Dividend Might Change The Case For Investing In Open Text (OTEX)
In early February 2026, Open Text Corporation reported second-quarter results showing slightly lower quarterly revenue and earnings, reaffirmed its full-year 2026 revenue growth target of 1% to 2%, declared a US$0.275 quarterly dividend, and increased its share repurchase authorization by US$200 million to a total of US$500 million.
The combination of softer quarterly performance, continued commitment to dividends, and an expanded buyback program highlights management’s focus on balancing...