Rimini Street Announces Stock Repurchase and Debt Reduction Transactions
Rimini Street, Inc., (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced additional, recent capital return and balance sheet optimization actions as noted below during the fiscal third quarter through August 28, 2026:
Rimini Street, Inc., a leading enterprise software support provider, recently announced its commitment to creating long-term value for shareholders through a series of capital return and balance sheet optimization actions during the fiscal third quarter. Executive Vice President and CFO Michael Perica stated that the company has already allocated $30.9 million to these initiatives year-to-date. These actions have resulted in enhanced stockholder value, reduced debt, and a strengthened balance sheet.
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- Rimini Street Announces Stock Repurchase and Debt Reduction Transactions financialpost.com