1. EXL repurchased 1.55 million shares for $63.37 million. 2. Purchase price was $40.834 per share, reflecting confidence in growth. 3. Orogen's CEO will remain as EXL's Lead Independent Director. 4. The share buyback is part of EXL's $500 million repurchase program. 5. EXL aims to increase shareholder returns through this strategic investment.
FAQ
Why Bullish?
The share repurchase indicates strong confidence in EXL’s future performance, historically linked to stock price increases. For example, similar stock buybacks have previously signaled positive investor sentiment and anticipation of future growth.
How important is it?
The buyback shows strong commitment to share value, which typically attracts investors. With ongoing market trends in AI and data, EXL's strategic maneuvers could significantly influence its stock position.
Why Short Term?
Stock repurchase often leads to immediate price support as supply decreases. This is evident in prior examples where companies have seen short-term gains post buyback announcements.
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EXL Repurchases 1,551,970 Shares, Signaling Confidence in Future Growth
On December 15, 2025, EXL [NASDAQ: EXLS], a leading global data and artificial intelligence company, announced the repurchase of 1,551,970 shares of its common stock from Orogen Echo LLC, an affiliate of The Orogen Group LLC. The total expenditure for this transaction was $63,373,143, with a purchase price per share set at $40.834, reflecting the volume-weighted average price over the preceding five days before the settlement. This strategic move falls outside the scope of EXL’s $500 million share repurchase program.
Details of the Share Repurchase
The share repurchase was conducted under a Stock Purchase Agreement dated December 15, 2025. This investment is seen as a reaffirmation of EXL's robust performance and promising growth trajectory. Rohit Kapoor, Chairman and CEO of EXL, expressed that this decision is a compelling opportunity to return capital to stockholders and highlights the company's confidence in its operational outcomes.
Leadership Continuity and Future Prospects
Vikram S. Pandit, CEO of Orogen, will continue his role as the Lead Independent Director on EXL's board. Kapoor emphasized the value of Pandit’s leadership, stating, “We believe this is a unique opportunity to return capital to our stockholders and offers a compelling return on investment.”
Pandit added, “Our partnership with EXL, established in 2018, has validated our belief in the company’s ability to deliver data-driven operating solutions.” This mutual confidence is seen as a foundation for continued growth momentum.
About EXL and The Orogen Group
EXL (NASDAQ: EXLS) specializes in providing data and AI-driven solutions that reinvent business models across industries such as insurance, healthcare, banking, retail, communications, and energy. Established in 1999, EXL is headquartered in New York and employs approximately 63,000 individuals globally.
The Orogen Group, co-founded by Vikram S. Pandit, is focused on creating long-term investments in the financial services sector. Orogen supports its partners with operational expertise and strategic resources to accelerate growth potential.
Cautionary Statement
This announcement contains forward-looking statements as defined by the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned to rely on these statements with care, as they involve various risks and uncertainties associated with EXL's business operations and market conditions. Detailed risks are documented in EXL’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K.
Contact Information
For media inquiries, please contact:
Keith Little
media.relations@exlservice.com