09:13 AM EST, 12/16/2024 (MT Newswires) -- Clarivate ( CLVT ) said Monday that its board has approved an up to $500 million share buyback plan to replace the current program.

The company said the new plan will be valid from Jan. 1, 2025, to Dec. 31, 2026.

Clarivate ( CLVT ) also said it prepaid $75 million of term-loan debt during Q4.

Shares of the company were up more than 9% in recent Monday premarket activity.

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