Results

Paycom Software Inc.

03/05/2026 | Press release | Distributed by Public on 03/05/2026 15:48

Material Event (Form 8-K)

Item 8.01 Other Events.

On March 5, 2026, the Board of Directors (the "Board") of Paycom Software, Inc. (the "Company") authorized the Company to repurchase up to an additional $200 million of shares of the Company's common stock, par value $0.01 per share ("Common Stock"), under the Company's stock repurchase plan. The partial replenishment of the stock repurchase plan followed the Company's completion of approximately $1.45 billion of aggregate share repurchases since the plan was authorized in July 2024.

The Company may repurchase shares of Common Stock from time-to-time in open market transactions at prevailing market prices, in privately negotiated transactions (including accelerated share repurchases) or by other means in accordance with federal securities laws, including Rule 10b5-1 programs, and the Company's repurchase plan may be suspended or discontinued at any time. The actual timing, number and value of shares repurchased will be determined by a committee of the Board at its discretion and will depend on a number of factors, including the market price of the Common Stock, general market and economic conditions and other corporate considerations. The stock repurchase plan will expire on August 15, 2026.

Paycom Software Inc. published this content on March 05, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 05, 2026 at 21:49 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]