Thread regarding ACI Worldwide Inc. layoffs

Another $250 million stock buyback approved

So, instead of fueling innovation, dollars are going to buying back shares, which will prop up the EPS but will do zero for growth.

How many layoffs will need to be made to pay for that $250,000,000?

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Post ID: @OP+1eastCbA

3 replies (most recent on top)

Sale is the only realistic option, it’s just about when. I see this happening in late 2022/early 2023.

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Post ID: @uzwx+1eastCbA

Do you think this is to prepare ACI for sale? $250M is a lot of money that can be use use for technology and people investment. If they are no investing and scaling up to grow then it could only mean one thing, ACI is going for sale.

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Post ID: @tltg+1eastCbA

Buying back at the top? Not a smart move, everybody should be selling now....the CFO should be fired.

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Post ID: @mcc+1eastCbA

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