EXL Service Holdings Announces $125 Million Accelerated Share Repurchase Program
EXL Service Holdings, Inc. has announced a $125 million accelerated share repurchase (ASR) program. The company disclosed the plan on Tuesday, March 17, 2026, stating that it has entered into an agreement with a financial institution to execute the repurchase of its common stock.
Under the terms of the ASR agreement, EXL will make an initial payment of $125 million to the financial institution and will receive an initial delivery of shares. The final number of shares to be repurchased will be determined based on EXL’s average stock price during the term of the agreement, less a discount. The company stated that this initiative aligns with its ongoing capital allocation strategy aimed at enhancing shareholder value. Further details regarding the timeline or completion date for the program were not provided in the announcement.
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Date: March 17, 2026
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