Pegasystems Inc Stock Price, News & Analysis

Pegasystems Inc. (NASDAQ: PEGA) announced a quarterly cash dividend of $0.03 per share, set to be paid on July 15, 2021, to shareholders recorded by July 1, 2021. This decision continues the company's commitment to its dividend program. Pegasystems specializes in software that simplifies business complexity, enhancing customer service and operational efficiency through AI-driven solutions.

Pegasystems Inc. (NASDAQ: PEGA) announced an expansion of its share repurchase program, increasing its authorized repurchase amount from $21.7 million to $60 million. The repurchase program's expiration date has also been extended to June 30, 2022. The repurchases will occur in the open market or through negotiated transactions, adhering to regulatory requirements. This move aims to enhance shareholder value, and details of actual repurchases will be disclosed in future SEC filings.

Pegasystems (NASDAQ: PEGA) has been selected by the Royal Navy and Royal Air Force to create a low-code platform for recruitment. This application aims to streamline the recruitment process, reducing cycles from months to as little as 30 days. The RN and RAF receive about 180,000 candidate inquiries yearly, aiming to recruit 8,500 personnel. The platform will enhance candidate experience through intelligent automation, enabling rapid updates by recruiters, facilitating a modern, data-driven recruitment approach. The project underscores Pegasystems' commitment to digital transformation in public service.

Pegasystems (NASDAQ: PEGA) announced that its COO and CFO, Ken Stillwell, will present at two upcoming virtual investor conferences. The first is the BofA Securities 2021 Global Technology Conference on June 8, 2021, at 2:30 PM ET. The second is the Nasdaq 44th Investor Conference on June 16, 2021, at 9:00 AM ET. Live webcasts of the presentations will be available on Pega's Investors page, with archives accessible for a limited time.

Pegasystems Inc. (NASDAQ: PEGA) has launched a brand ambassador program featuring pro golfers Marc Leishman and Mel Reid to enhance brand visibility. This initiative coincides with the PGA Tour and celebrates LGBTQIA+ inclusion through the use of the Pride logo during June. Leishman, ranked No. 40 globally, and Reid, ranked No. 33, were selected for their alignment with Pega’s values of leadership and community support. This sponsorship aims to demonstrate Pega’s commitment to simplifying business processes and enhancing productivity.

Pegasystems Inc. (NASDAQ: PEGA) has signed a multiyear agreement to become the worldwide supplier for the Ryder Cup, covering the 43rd and 44th events. The 43rd Ryder Cup will take place from Sept. 21-26, 2021, at Whistling Straits, Wisconsin, and the 44th from Sept. 29-Oct. 1, 2023, at Marco Simone Golf and Country Club, Rome. This partnership aims to enhance the Ryder Cup experience through innovative content and teamwork, as noted by PGA of America's CEO and European Ryder Cup Director. Pega seeks to increase brand awareness through this prominent association with the prestigious golfing event.

Pegasystems Inc. (NASDAQ: PEGA) will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 25, 2021, at 4:25 PM ET. The presentation will be led by Ken Stillwell, COO and CFO. The date and time have changed since the previous announcement. A live webcast will be available on Pega’s Investors page, with an archive accessible for a limited time. Pega's software aims to reduce business complexity, enabling better decision-making and maximizing efficiency.

Pegasystems Inc. (NASDAQ: PEGA) announced a Virtual Investor Session scheduled for June 3, 2021, at 10:00 AM ET. COO and CFO Ken Stillwell will host, highlighting low-code software innovations, go-to-market strategy developments, and growth drivers for Annual Contract Value (ACV) and top-line performance. Hayden Stafford, newly appointed president of global client engagement, will also speak. Participants can submit questions via email. A replay will be available on the company's investors page.

Pegasystems Inc. (NASDAQ: PEGA) released a study revealing that businesses face increased customer dissatisfaction due to inconsistent service quality across digital channels. Conducted by Savanta, the survey of 12,700 respondents highlights that 77% of customers would switch businesses due to poor service. While businesses improved omnichannel service from 55% to 68% since 2019, 80% acknowledge service quality varies. Key priorities include enhancing resolution capabilities across all channels, improving self-service, and investing in AI technology, with 85% of businesses planning AI investments in the coming years.