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Manhattan Associates Announces $500M Stock Buyback Plan
Software maker plans to repurchase up to 5.8% of its shares through open market purchases.
Mar. 6, 2026 at 3:06am
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Manhattan Associates (NASDAQ:MANH), a provider of supply chain and omnichannel commerce software solutions, announced that its board has approved a $500 million stock buyback program. The company plans to repurchase up to 5.8% of its outstanding shares through open market purchases. Stock buyback plans are generally seen as a sign that a company's management believes its stock is undervalued.
Why it matters
The stock buyback announcement indicates Manhattan Associates' confidence in its long-term growth prospects and its belief that its shares are currently trading at an attractive valuation. Buybacks can help boost a company's stock price by reducing the number of outstanding shares, which can increase earnings per share and make the stock more attractive to investors.
The details
Manhattan Associates' $500 million stock repurchase authorization allows the company to buy back up to 5.8% of its outstanding shares. The buybacks will be conducted through open market purchases. Stock buyback programs are often viewed as a way for companies to return capital to shareholders when management believes the stock is undervalued.
- Manhattan Associates announced the stock buyback plan on Thursday, March 5th, 2026.
The players
Manhattan Associates
A provider of supply chain and omnichannel commerce software solutions that helps retailers, manufacturers, carriers and third-party logistics providers optimize their operations.
What’s next
The company has not provided a specific timeline for completing the $500 million buyback program.
The takeaway
Manhattan Associates' stock buyback plan signals the company's confidence in its long-term growth prospects and its belief that its shares are currently undervalued by the market. The buybacks could help boost the stock price and return capital to shareholders.
