Verint Announces New $200 Million Share Repurchase Program Page 1

Verint (Nasdaq: VRNT), The CX Automation Company, today announced that our board of directors has approved a new share repurchase program effective August 29, 2024 through August 29, 2026, under which we may repurchase up to $200.0 million of our common stock during the repurchase period.

We may use a variety of methods to effect the repurchases, including open market purchases, which may include, without limitation, round lot or block transactions, including through one or more accelerated share repurchase plans or pursuant to the terms of one or more repurchase plans in accordance with Rule 10b5-1 or Rule 10b-18 under the Securities Exchange Act of 1934. The specific timing, price and size of the purchases will depend on prevailing stock prices, general market and economic conditions and other considerations. The program may be extended, suspended or terminated at any time without notice and does not obligate us to acquire any specific amount of shares of our common stock.