Blog: PEGASYSTEMS INC : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) – marketscreener.com

Item 7.01. Regulation FD Disclosure
On June 8, 2021, the Company issued a press release announcing an expansion of
its current share repurchase program. Under this expansion, the expiration date
of the current repurchase program has been extended from June 30, 2021 to June
30, 2022, and the amount of stock the Company is authorized to repurchase has
been increased from approximately $21.7 million, the amount remaining in the
current program, to $60 million.

The Company has established a pre-arranged stock repurchase plan, intended to
comply with the requirements of Rule 10b5-1 under the Securities Exchange Act of
1934, as amended, and of Rule 10b-18 of the Exchange Act and may establish other
such plans (collectively, the “10b5-1 Plan”). Shares that are repurchased under
the current repurchase program will be repurchased under the Company’s 10b5-1
Plan.

Any actual repurchases under the current repurchase program will be disclosed in
the Company’s annual reports on Form 10-K and quarterly reports on Form 10-Q
filed with the Securities and Exchange Commission for the annual and applicable
quarterly periods ending between June 30, 2021 and December 31, 2022.


Item 9.01.   Financial Statements and Exhibits
Exhibit No.            Description
99.1                     Press Release issued by Pegasystems Inc. on June     8    , 202    1
104                    Cover Page Interactive Data File (formatted as Inline XBRL)



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