Globant Approves $125M Share Repurchase Program
Ticker: GLOB · Form: 6-K · Filed: Oct 1, 2025 · CIK: 1557860
| Field | Detail |
|---|---|
| Company | Globant S.A. (GLOB) |
| Form Type | 6-K |
| Filed Date | Oct 1, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $50 million, $125 m, $125 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, board-approval, capital-allocation
TL;DR
Globant is buying back up to $125M in stock from Q4 2025 to Q4 2026.
AI Summary
Globant S.A. announced on September 30, 2025, that its board of directors approved a new share repurchase program. The program authorizes up to $50 million per quarter, with a total aggregate limit of $125 million, for repurchasing the company's common shares. This initiative is set to begin in the fourth quarter of 2025 and will continue through the fourth quarter of 2026.
Why It Matters
This share repurchase program signals management's confidence in the company's valuation and can potentially increase earnings per share by reducing the number of outstanding shares.
Risk Assessment
Risk Level: low — The filing is a routine announcement of a share repurchase program, which is a common corporate action.
Key Numbers
- $50M — Quarterly Repurchase Limit (Maximum amount to be repurchased each quarter.)
- $125M — Aggregate Repurchase Limit (Total maximum amount authorized for repurchase.)
Key Players & Entities
- Globant S.A. (company) — Registrant
- $50 million (dollar_amount) — Quarterly repurchase authorization
- $125 million (dollar_amount) — Aggregate repurchase authorization
- September 30, 2025 (date) — Board approval date
- fourth quarter of 2025 (date) — Start date of repurchase program
- fourth quarter of 2026 (date) — End date of repurchase program
FAQ
What is the total authorized amount for Globant's share repurchase program?
The total aggregate amount authorized for the share repurchase program is up to $125 million.
When did Globant's board of directors approve the new share repurchase program?
The board of directors approved the program on September 30, 2025.
What is the quarterly limit for share repurchases under the new program?
The program authorizes the allocation of up to $50 million per quarter for repurchases.
What is the duration of the share repurchase program?
The program is set to begin in the fourth quarter of 2025 and will continue through the fourth quarter of 2026.
What type of shares is Globant planning to repurchase?
Globant plans to repurchase its common shares.
Filing Stats: 865 words · 3 min read · ~3 pages · Grade level 15.1 · Accepted 2025-10-01 16:34:02
Key Financial Figures
- $50 million — ;), authorizing the allocation of up to $50 million per quarter, subject to a maximum aggre
- $125 m — rter, subject to a maximum aggregate of $125 million, for the repurchase of the Compan
- $125 million — ase entitled “Globant unveils new $125 million share repurchase program.” A copy
Filing Documents
- tm2527744d1_6k.htm (6-K) — 18KB
- tm2527744d1_ex99-1.htm (EX-99.1) — 11KB
- tm2527744d1_ex99-1img01.jpg (GRAPHIC) — 37KB
- 0001104659-25-095654.txt ( ) — 81KB
Forward Looking Statements
Forward Looking Statements This report on Form 6-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These statements include, but are not limited to, statements related to potential share repurchases and reflect the Company’s current beliefs and expectations. The Company’s expectations and beliefs regarding these matters may not materialize. Factors that could impact the Company’s expectations and beliefs regarding these matters not to materialize include: the Company’s ability to maintain current resource utilization rates and productivity levels; the Company’s ability to manage attrition and attract and retain highly-skilled IT professionals; the Company’s ability to accurately price its client contracts; the Company’s ability to achieve its anticipated growth; the Company’s ability to effectively manage its rapid growth; the Company’s ability to retain its senior management team and other key employees; the Company’s ability to continue to innovate and remain at the forefront of emerging technologies and related market trends; the Company’s ability to retain its business relationships and client contracts; the Company’s ability to manage the impact of global adverse economic conditions; the Company’s ability to manage uncertainty concerning the instability in the current economic, political and social environment in Latin America; and other factors discussed under the heading “Risk Factors” i
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GLOBANT S.A. By: /s/ JUAN URTHIAGUE Name: Juan Urthiague Title: Chief Financial Officer Date: October 1, 2025