On June 12, 2026, Tyler Technologies, Inc. ("Tyler") entered into a Rule 10b5-1 trading plan (the "Plan") with a brokerage firm to repurchase up to $150.0 million of shares of our common stock. Share repurchases under the Plan may commence June 16, 2026, and will end July 30, 2026.
Tyler's share repurchase program was originally announced in October 2002 and was amended at various times from 2003 through 2026. On February 3, 2026, our Board of Directors authorized the repurchase of up to $1.0 billion of our common stock, which replaced and superseded all previous authorizations. Our share repurchase program allows us to repurchase shares at our discretion. There is no expiration date specified for the authorization. Our Board of Directors also authorized us to enter into one or more Rule 10b5-1 trading plans for share repurchases. As of June 12, 2026, we have remaining authorization from our Board of Directors to repurchase up to $332.7 million of our common stock. Share repurchases are generally funded using our existing cash balances and borrowings under our credit facility.
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