Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the following:
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251201195169/en/
Share Repurchases
The Company repurchased a total of 975,000 shares of common stock to date in the fourth fiscal quarter of 2025, for approximately $3.8 million with an average per share purchase price of $3.92, reducing outstanding shares by approximately 1.1%.
The Company has now completed and announced $13.3 million in common stock repurchases under its $50 million Common Stock Repurchase Plan that was approved by the Rimini Street Board of Directors in February 2022 and recently extended through June 2029. $7.6 million of common stock repurchases were executed in fiscal Q3 and Q4 of 2025, combined.
Upcoming Investor Day 2025
The Company previously announced its upcoming Investor Day 2025 event, to be held Wednesday, December 3, 2025. Please join CEO Seth Ravin and the Rimini Street executive team as they share their vision, strategy, sales and execution model, financial model and guidance.
Details:
- Date: Wednesday, December 3, 2025
- Time: 8:30 AM – 12:00 PM Eastern
- Webcast: Registration link:Investor Day 2025 - webinar.net
* Article first published on: itweb.africa
Share