Company: ACIW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000935036-25-000031
Chunk: 9

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part II, Item 2
Chunk 9
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ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Issuer Purchases of Equity Securities

The following table provides information regarding our repurchases of common stock during the three months ended September 30, 2025:PeriodTotal Number ofShares PurchasedAverage PricePaid per ShareTotal Number of SharesPurchased as Part ofPublicly Announced ProgramApproximate Dollar Value ofShares that May Yet BePurchased Under the ProgramJuly 1, 2025 through July 31, 2025244,278 (1)$45.08 244,183 August 1, 2025 through August 31, 2025108,828 (1)43.13 81,834 September 1, 2025 through September 30, 202582,348 (1)50.69 33,505 Total435,454 $207,145,000 

(1)Pursuant to our 2020 Equity and Performance Incentive Plan, we granted RSUs. Under each arrangement, shares are issued without direct cost to the employee. During the three months ended September 30, 2025, 229,527 shares of RSUs vested. We withheld 75,932 of those shares to pay the employees’ portion of the applicable minimum payroll withholding.

In 2005, the board approved a stock repurchase program authorizing us, as market and business conditions warrant, to acquire our common stock.  The board periodically authorizes additional funds for the program, with the intention of using existing cash and cash equivalents to fund these repurchases. In June 2024, the board approved the repurchase of the Company's common stock of up to $400.0 million in place of the remaining purchase amounts previously authorized. As of September 30, 2025, the maximum remaining amount authorized for purchase under the stock repurchase program was approximately $207.1 million.

There is no guarantee as to the exact number of shares we will repurchase. Repurchased shares are returned to the status of authorized but unissued shares of common stock. In March 2005, the board approved a plan under Rule 10b5-1 of the Securities Exchange Act of 1934 to facilitate the repurchase of shares of common stock under the existing stock repurchase program. Under our Rule 10b5-1 plan, we have delegated authority over the timing and amount of