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ePlus (PLUS) Stock News, Apr-May 2023

PLUS NASDAQ

ePlus Inc. provides technology solutions and services for organizations across security, cloud, data center, networking, collaboration, artificial intelligence, service provider and critical infrastructure environments. Company news commonly covers earnings releases, guidance, dividends, service launches and customer-facing offerings tied to IT modernization and infrastructure capacity.

Updates also include managed and professional services activity, channel certifications and industry recognition, governance changes, and developments at Bailiwick Services, an ePlus Technology subsidiary focused on managed IT services, technology deployment and digital lock technology for retail use cases.

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ePlus inc. (NASDAQ: PLUS) announced the renewal of its Cisco Advanced Customer Experience Specialization through its subsidiary, ePlus Technology, inc. This renewal confirms ePlus's qualifications in supporting customers with a complete lifecycle of solutions, backed by successful audits demonstrating investments in technology and processes. The company emphasizes its commitment to enhancing customer experiences and ensuring clients achieve optimal value from their investments. Ken Farber, president of software and marketing at ePlus, highlighted the importance of this specialization in helping organizations maximize their purchases. This renewal reflects ePlus's ongoing dedication to customer service in a rapidly evolving environment.

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ePlus inc. (NASDAQ: PLUS) announced its participation at the HIMSS23 Global Health Conference and Exhibition from April 17-21, 2023, in Chicago, IL. The company will showcase healthcare IT solutions in booth #4001, collaborating with renowned technology partners like Dell Technologies and VMware. ePlus aims to empower healthcare organizations with value-based care, data security, and patient engagement systems. VP George Pashardis emphasized the importance of IT security in healthcare, addressing risks such as data breaches and malicious attacks. ePlus offers comprehensive services from consulting to deployment in modernizing healthcare infrastructures and optimizing IT investments. It also provides flexible payment options to help overcome budget limitations. More information is available at www.eplus.com/healthcare.

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ePlus has announced a new stock repurchase program, allowing the company to buy back up to 1,000,000 shares of its common stock over a period of 12 months starting May 28, 2023. This program follows the expiration of the current plan on May 27, 2023, with ePlus having approximately 26.9 million shares outstanding as of April 3, 2023. The repurchased shares will be classified as treasury shares and utilized for general corporate purposes. Management retains discretion over the timing and amount of repurchases, dependent on stock price and availability.

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FAQ

What is the current stock price of ePlus (PLUS)?

ePlus (PLUS) last closed at $90.47.

What is the market cap of ePlus (PLUS)?

The market cap of ePlus (PLUS) is approximately $2.4B.