Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 198

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 198
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 $0.61 per common share for 2024, up from $0.55 per common share in 2023. On March 26, 2024 and June 26, 2024, we paid a dividend of $0.1525 per share, amounting to $27.5 million and $27.3 million in the aggregate, to shareholders of record as of March 11, 2024 and June 10, 2024, respectively.

On February 6, 2025, our board of directors approved an 11% increase in our quarterly cash dividend from $0.1525 per common share to $0.17 per common share, representing a planned annual dividend of $0.68 per common share for 2025, up from $0.61 per common share in 2024. On March 26, 2025 and June 30, 2025, we paid a dividend of $0.17 per share, amounting to $29.8 million and $29.6 million in the aggregate, to shareholders of record as of March 11, 2025 and June 18, 2025, respectively.

As of June 30, 2025, the total authorization under our existing share repurchase program was $2,750.0 million, including $500.0 million approved in the first quarter of 2025, of which $554.0 million remained available as of June 30, 2025. Since our share repurchase program was initially authorized in 2015, we have repurchased 66,667,635 of our common shares at a weighted average price of $32.94 per share, for an aggregate purchase price of $2,196.0 million.

During the six months ended June 30, 2024 and 2025, we repurchased 2,784,988 and 1,898,010 of our common shares, respectively, on the open market at a weighted average price of $33.26 and $48.98 per share, respectively, for an aggregate purchase price of $92.6 million and $93.0 million, respectively. All repurchased shares have been retired. 

For additional information, see Note 16—“Capital stock” under Part I, Item 1—“Unaudited Consolidated Financial Statements” above.

We expect that for the next twelve months and for the foreseeable future, our cash from operations, cash reserves and debt capacity