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PRNewsWire
18 days ago
OpenText Increases Share Repurchase Program to US$500 Million
WATERLOO, ON, Feb. 10, 2026 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) (the Company), today announced that it has increased its previously announced Fiscal 2026 share repurchase program by US$200 million, whereby it intends to purchase for cancellation up to a maximum aggregate value of US$500 million of its common shares (Common Shares) pursuant to a normal course issuer bid (NCIB). The maximum number of Common Shares that may be acquired under the NCIB will remain unchanged at the 24,906,456 Common Shares, which was previously approved by the Toronto Stock Exchange (TSX).
OpenText Increases Share Repurchase Program to US$500 Million
Neutral
GlobeNewsWire
19 days ago
OpenText Names Carahsoft U.S. Public Sector Partner of the Year for 2025
Company Recognized for Providing Outstanding Innovation for the Public Sector Company Recognized for Providing Outstanding Innovation for the Public Sector
OpenText Names Carahsoft U.S. Public Sector Partner of the Year for 2025
Neutral
Seeking Alpha
22 days ago
Open Text Corporation (OTEX) Q2 2026 Earnings Call Transcript
Open Text Corporation (OTEX) Q2 2026 Earnings Call Transcript
Open Text Corporation (OTEX) Q2 2026 Earnings Call Transcript
Neutral
PRNewsWire
23 days ago
OpenText Reports Second Quarter Fiscal Year 2026 Financial Results
Total Revenues of $1.33B, 20 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 13%, Robust Adjusted EBITDA Margin of 37.0%  Fiscal 2026 Second Quarter Highlights (in millions)(1) Total Revenues Cloud Revenues Profitability Diluted EPS Cash Flows Net Income A-EBITDA GAAP Non-GAAP Operating Free Cash Flows $1,327 $478 $168 $491 $0.66 $1.13 $319 $279 -0.6% Y/Y +3.4% Y/Y 12.7% margin 37.0% margin -24.1% Y/Y +1.8% Y/Y -8.4% Y/Y -8.9% Y/Y WATERLOO, ON, Feb. 5, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced its financial results for the second quarter ended December 31, 2025. "We had an excellent quarter, led by 18% revenue growth in our Content Management cloud business," said James McGourlay, Interim Chief Executive Officer.
OpenText Reports Second Quarter Fiscal Year 2026 Financial Results
Neutral
GlobeNewsWire
26 days ago
Rocket Software to Acquire Vertica Analytics Database Platform from OpenText
WALTHAM, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Rocket Software, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the Vertica analytics database from OpenText (NASDAQ: OTEX), (TSX: OTEX).
Rocket Software to Acquire Vertica Analytics Database Platform from OpenText
Neutral
PRNewsWire
26 days ago
OpenText to Divest Vertica for US$150 million
OpenText to Continue Focusing on Core Cloud Products for Secure, Trusted Data for Enterprise AI  WATERLOO, ON, Feb. 2, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced that it has reached a definitive agreement to divest Vertica, a part of its non-core Analytics portfolio, to Rocket Software Inc., a Bain Capital portfolio company ("Rocket Software") for US$150 million in cash, before taxes, fees and other adjustments. "We are executing on our strategic plan, focusing on our core product offerings, our expertise in secure data for Enterprise AI, and cloud solutions that provide strategic choice and flexibility for our customers," said P.
OpenText to Divest Vertica for US$150 million
Neutral
PRNewsWire
1 month ago
OpenText Appoints Ayman Antoun as Chief Executive Officer
Proven global technology leader to drive disciplined growth in cloud modernization and enterprise AI WATERLOO, ON, Jan. 29, 2026 /PRNewswire/ -- OpenText Corporation (NASDAQ: OTEX) (TSX: OTEX) ("OpenText" or the "Company") today announced that its Board of Directors ("Board") has appointed Ayman Antoun as Chief Executive Officer and a member of the Board, effective April 20, 2026. Mr. Antoun brings more than three decades of global technology, operating discipline and transformation leadership to OpenText, built over a seasoned career in the information technology industry.
OpenText Appoints Ayman Antoun as Chief Executive Officer
Neutral
PRNewsWire
1 month ago
OpenText Completes Divestiture of Non-Core Unit for $163 Million
OpenText to Use Proceeds to Reduce Debt WATERLOO, ON, Jan. 12, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced that it has successfully completed its previously announced divestiture of an on-premise solution, eDOCS, a part of its Analytics portfolio, to NetDocuments Software, Inc., for $163 Million in cash before taxes, fees and other adjustments. "The closing of this transaction reinforces our strategic commitment to divest non-core assets as we continue to sharpen our focus on growing our core business to accelerate long-term value creation," said Tom Jenkins, OpenText Executive Chairman of the Board and Chief Strategy Officer.
OpenText Completes Divestiture of Non-Core Unit for $163 Million
Neutral
PRNewsWire
1 month ago
OpenText to Report Second Quarter Fiscal Year 2026 Financial Results on Thursday, February 5, 2026
WATERLOO, ON, Jan. 7, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its second quarter fiscal year 2026 will be released on Thursday, February 5, 2026, at approximately 4:00 p.m. ET. OpenText to Host Conference Call Webcast The earnings call will be hosted on February 5, 2026, at 5:00 p.m.
OpenText to Report Second Quarter Fiscal Year 2026 Financial Results on Thursday, February 5, 2026
Neutral
PRNewsWire
2 months ago
OpenText Announces Voting Results for Election of Directors
WATERLOO, ON , Dec. 9, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) confirmed today that the nominees listed below were elected by shareholders at its annual meeting of shareholders (the "Meeting") held virtually today. The detailed results of the vote for the election of directors at the Meeting are set out below.
OpenText Announces Voting Results for Election of Directors