Stamford-based research and advisory firm Gartner Inc. has authorized up to $1 billion in additional share repurchases, the company announced Sept. 10.
The new authorization comes on top of a previously approved $6 billion repurchase program, of which about $450 million remained at the end of August.
Gartner said the additional repurchases may be executed “from time to time” in the open market, through prearranged trading plans, accelerated share repurchase programs, private transactions or other methods, depending on market conditions and regulatory requirements. The company emphasized it is not obligated to buy back a specific amount of stock.
Gartner, headquartered in Stamford, provides research and advisory services to business leaders across information technology, supply chain and other corporate functions.
