CCC Announces $500 Million Share Repurchase Authorization and $300 Million Accelerated Share Repurchase Program

Rhea-AI Summary

CCC (NASDAQ: CCC) announced a new $500 million share repurchase authorization dated Dec 12, 2025. Under the authorization, the company entered an $300 million accelerated share repurchase (ASR) with Bank of America funded by incremental term loans under its amended credit agreement.

CCC will receive an initial delivery of approximately 33.2 million shares (about 80% of expected repurchases); final shares are based on VWAP less a discount and the ASR is expected to complete by end of Q2 2026. After the ASR, $200 million of repurchase capacity remains and future repurchases may use open market purchases, negotiated transactions, or additional ASRs depending on market conditions and available capital.

Positive

• Board authorized a $500M repurchase program
• Entered an $300M ASR funded via incremental term loans
• Initial delivery of ~33.2M shares (~80% of expected repurchases)
• Remaining $200M repurchase capacity after ASR

Negative

• ASR funded with incremental term loans, increasing near-term leverage
• Final number of shares to be repurchased is uncertain and tied to VWAP calculation
• ASR completion depends on market conditions and is expected only by end of Q2 2026

Key Figures

New repurchase authorization $500 million Board authorization for common stock repurchases

ASR size $300 million Accelerated share repurchase with Bank of America, N.A.

Prior program $300 million Share repurchase program announced December 2024, fully utilized

Initial ASR shares 33.2 million shares Initial delivery under ASR, about 80% of expected total

ASR proportion 80% Approximate share of total ASR delivered initially

Remaining authorization $200 million Capacity left after ASR under the new $500 million program

ASR completion target End of Q2 2026 Expected completion of the accelerated share repurchase

Secondary offering size 37,342,526 shares Shares sold in November 2025 secondary offering at $7.79

Market Reality Check

$7.56 Last Close

Volume Volume 5,264,604 is 0.77x the 20-day average of 6,868,896 shares. normal

Technical Shares trade at 7.22, well below the 200-day MA of 24.72 and 78.48% under the 52-week high.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 05	Secondary offering	Negative	-3.6%	Large secondary sale of 37,342,526 shares at $7.79 by existing holders.

Pattern Detected

Limited data: the last secondary offering event aligned with a -3.57% price move, indicating sensitivity to share supply actions.

Recent Company History

Over the past months, CCC’s main recorded event was a secondary offering of 37,342,526 shares at $7.79 per share on November 6, 2025 by Advent affiliates, from which the company received no proceeds. That news coincided with a -3.57% move, suggesting the stock reacted to increased tradable supply. Today’s announcement of a $500 million repurchase authorization and $300 million ASR contrasts with that prior selling pressure.

Market Pulse Summary

The stock moved +6.4% in the session following this news. A strong positive reaction aligns with the scale of CCC’s capital return plan, including a $500 million authorization and $300 million ASR, announced while shares trade well below the 52-week high and the 200-day MA. Historical data show sensitivity to share supply, as a prior secondary offering coincided with a -3.57% move. Investors could weigh whether insider net selling and past offerings temper enthusiasm.

Key Terms

accelerated share repurchase financial

"has entered into an accelerated share repurchase program (the “ASR”) with"

An accelerated share repurchase is a deal where a company hires a bank to buy back a large block of its own stock immediately on the open market, with the bank later settling the exact number of shares over time. For investors it matters because the immediate reduction in shares outstanding can raise per‑share earnings and often supports the stock price, but it also uses company cash or borrowing and can change liquidity and future growth funding.

volume weighted average price financial

"based on the volume weighted average price of the Common Stock during the term"

The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.

term loans financial

"funded with incremental term loans borrowed under the Company’s amended"

Term loans are long-term bank or lender loans with a set repayment schedule and fixed end date, similar to a mortgage or car loan for a business. They matter to investors because they create predictable interest payments and principal obligations that affect a company’s cash flow, credit risk and capacity to fund growth or return money to shareholders; heavier or expensive term loans can raise default risk and reduce future flexibility.

credit agreement financial

"term loans borrowed under the Company’s amended credit agreement."

A credit agreement is a written loan contract between a borrower and a bank or other lender that lays out how much money can be borrowed, the interest rate, repayment schedule, fees, and the rules the borrower must follow. For investors, it matters because those terms affect a company’s cash costs, borrowing flexibility and risk of default — similar to how a mortgage’s rules determine a homeowner’s monthly budget and freedom to make changes.

free cash flow financial

"may be funded from available liquidity and free cash flow. “This new"

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

AI-generated analysis. Not financial advice.

CHICAGO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCC), a leading SaaS platform provider for the multi-trillion-dollar insurance economy, today announced that its Board of Directors has authorized a new share repurchase program of up to $500 million of the Company’s outstanding common stock. This new authorization follows the $300 million program announced in December 2024, which has been fully utilized.

Under this authorization, the Company has entered into an accelerated share repurchase program (the “ASR”) with Bank of America, N.A., to repurchase an aggregate of $300 million of its common stock, funded with incremental term loans borrowed under the Company’s amended credit agreement. Under the program CCC will receive initial delivery of approximately 33.2 million shares, representing approximately 80% of the shares expected to be repurchased. The specific number of shares to be repurchased in the transaction will be generally based on the volume weighted average price of the Common Stock during the term of the program less a discount. Completion of the ASR is expected by the end of the second quarter of 2026.

Under the $500 million authorization, the Company may repurchase shares through open market purchases, privately negotiated transactions, or accelerated share repurchases. The program does not obligate the Company to repurchase shares, and the timing and amount of any repurchases will depend on market conditions, available capital resources, management’s discretion, securities law limitations, and other factors. After giving effect to the ASR, CCC will have $200 million of remaining capacity under the new authorization for additional repurchases, which may be funded from available liquidity and free cash flow.

“This new authorization and accelerated share repurchase underscore our confidence in CCC’s long-term growth trajectory, robust free cash flow and disciplined approach to capital allocation,” said Githesh Ramamurthy, Chairman & CEO of CCC. “Our strong balance sheet gives us the flexibility to continue to innovate for our customers and invest in the business while also delivering returns to shareholders.”

About CCC Intelligent Solutions

CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCC), is a leading SaaS platform provider for the multi-trillion-dollar insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. The CCC Intelligent Experience (IX) Cloud™ platform, powered by proven AI and an innovative event-based architecture, connects more than 35,000 businesses to power customized applications and platforms for optimal outcomes and personalized experiences that just work. Through purposeful innovation and the strength of its connections, CCC technologies empower the people and industry relied upon to keep lives moving forward when it matters most. Learn more about CCC at www.cccis.com.

Forward Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, future events, goals, plans and projections regarding the Company’s financial position, results of operations, market position, product development and business strategy. Such differences may be material. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward looking statements are subject to a number of risks and uncertainties, including, among others, our estimates regarding expenses, future revenue, capital requirements and needs for additional financing; our ability to service our indebtedness; and other risks and uncertainties, including those included under the header “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the Securities and Exchange Commission (“SEC”), which can be obtained, without charge, at the SEC’s website (www.sec.gov), and in our other filings with the SEC. The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

Investor Contact:

Bill Warmington
VP, Investor Relations, CCC Intelligent Solutions Inc.
312-229-2355
IR@cccis.com

Media Contact:
Michelle Hellyar
Senior Director, Public Relations, CCC Intelligent Solutions Inc.
mhellyar@cccis.com

FAQ

What did CCC announce on December 12, 2025 regarding share repurchases?

CCC announced a new $500 million repurchase authorization and an immediate $300 million ASR with Bank of America.

How many shares will CCC receive initially under the $300M ASR (NASDAQ: CCC)?

CCC will receive an initial delivery of approximately 33.2 million shares, about 80% of expected repurchases.

How is CCC funding the $300M accelerated share repurchase?

The $300 million ASR is funded with incremental term loans borrowed under the company’s amended credit agreement.

When is the CCC ASR expected to complete and what determines final share count?

Completion is expected by end of Q2 2026 and the final share count is based on the volume weighted average price (VWAP) during the ASR term less a discount.

How much repurchase capacity will CCC have after the $300M ASR?

After the ASR, CCC will have $200 million of remaining capacity under the $500 million authorization.

What repurchase methods may CCC use under the $500M authorization?

The company may repurchase shares via open market purchases, privately negotiated transactions, or additional accelerated share repurchases.