1. CCC announces a $500 million share repurchase program to enhance shareholder value. 2. Following a fully utilized $300 million program, confidence in CCC's growth increases. 3. Accelerated share repurchase will return approximately 33.2 million shares to CCC. 4. The program will use incremental term loans and is flexible regarding market conditions. 5. CCC's strong balance sheet supports innovation and capital allocation strategies.
FAQ
Why Very Bullish?
The substantial share repurchase indicates management's confidence in future performance, similar to past positive market reactions post-repurchase announcements by companies like Apple, which helped boost their stock prices. Prior successful share buybacks often led to significant shareholder value enhancements.
How important is it?
The repurchase program fundamentally signals CCC's strong financial health and confidence in growth, making it highly relevant for current and potential investors.
Why Short Term?
The immediate effect of the repurchase announcement typically influences stock prices quickly, as seen in prior share buyback announcements that positively affected stock performance shortly thereafter.
CCC Announces New $500 Million Share Repurchase Program
On December 12, 2025, CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCC) announced a significant corporate decision that underscores its commitment to returning value to shareholders. The Company’s Board of Directors has authorized a new share repurchase program valued at $500 million for its outstanding common stock. This new authorization builds upon a previously announced $300 million program from December 2024, which has now been fully executed.
Details of the Share Repurchase Programs
As part of the recent announcement, CCC has initiated an accelerated share repurchase program (ASR) in collaboration with Bank of America, N.A. This program will utilize an aggregate of $300 million to repurchase the Company’s common stock, financed through incremental term loans under CCC's amended credit agreement. The initial delivery is expected to include approximately 33.2 million shares, which constitutes about 80% of the anticipated total repurchases.
The exact number of shares acquired will be determined based on the volume-weighted average price of the common stock during the ASR program, minus a discount. The completion of the ASR is projected for the end of the second quarter of 2026.
Implications of the Authorization
In addition to the ASR, the newly authorized $500 million program allows for share repurchases through various methodologies, including open market purchases and privately negotiated transactions. Notably, this program does not obligate CCC to repurchase any shares; the timing and volume will depend on market conditions and management's discretion. Following the ASR, CCC will retain $200 million for future repurchases, which may be sourced from available liquidity and free cash flow.
CEO Statement on the Repurchase Programs
Githesh Ramamurthy, Chairman & CEO of CCC, expressed his confidence regarding the Company's trajectory, stating, “This new authorization and accelerated share repurchase underscore our confidence in CCC’s long-term growth trajectory, robust free cash flow, and disciplined approach to capital allocation. Our strong balance sheet gives us the flexibility to continue to innovate for our customers and invest in the business while also delivering returns to shareholders.”
About CCC Intelligent Solutions
CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCC), is recognized as a leading SaaS platform provider in the insurance economy, which encompasses multiple trillions of dollars. The Company’s CCC Intelligent Experience (IX) Cloud™ platform utilizes advanced AI and an innovative event-based architecture, connecting over 35,000 businesses to facilitate personalized applications and optimize outcomes in the insurance sector.
For further insights about CCC and its offerings, please visit www.cccis.com.
Forward-Looking Statements
This press release contains forward-looking statements, which are based on the Company’s beliefs and assumptions as well as available information. Terms such as “may,” “will,” “expect,” “intend,” and other similar expressions indicate forward-looking views. These statements involve risks and uncertainties that could cause actual outcomes to differ materially from those projected, including potential changes in expenses, revenue, and capital requirements.