Open Text Offers A Way To Get Paid To Wait On Software Recovery
OpenText is streamlining operations around content management and cloud growth while divesting non-core segments. It plans to invest $150 million in sales and AI, supported by free cash flow, and says it will retire 6% of shares by June 2026.
Why it matters — The changes and capital-return plans may interest OTEX watchers tracking the company’s growth strategy, cash generation, and shareholder returns.