09:48 AM EST, 11/18/2024 (MT Newswires) -- Informatica ( INFA ) said Monday that its board approved starting the buyback of its class A common shares through open market transactions and it expects to repurchase about $100 million class A shares by the end of 2024.

The open market share repurchases are partk of the company existing $400 million stock repurchase program that was approved in October, according to the statement.

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