RTTNews | Aug 18, 2021 08:37AM EDT

08:37 Wednesday, August 18, 2021 (RTTNews.com) - FICO (FICO), a predictive analytics and decision management software company, on Wednesday announced that its Board has approved a stock repurchase program to buy back up to $500 million of its stock.

The new program has been approved following the completion of the company's previous stock repurchase program, which was in effect from March through August. The new stock repurchase program, which is open-ended, would allow the company to repurchase its shares from time to time in the open market and in negotiated transactions.

FICO is currently trading in pre-market at $457.33, at same level as at previous close.

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