ExlService Holdings announced that its Board of Directors has authorized a $500M common stock repurchase program, effective March 1, for a two-year period, in line with its capital allocation strategy. The current stock repurchase program previously announced on Nov. 2, 2021, for the repurchase of up to $300M of common stock over three years, will be terminated on Feb. 29, 2024. As of Feb. 28, 2024, approximately $213M of common stock has been repurchased under that plan.
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