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Globant (NYSE: GLOB) board backs $125M buyback plan through 2026

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6-K

Rhea-AI Filing Summary

Globant S.A. has approved a new share repurchase program, allowing the company to buy back up to $50 million of its common shares per quarter, with a maximum total of $125 million from the fourth quarter of 2025 through the fourth quarter of 2026.

Repurchases will be made at management’s discretion, may use methods such as open market and accelerated share repurchases, and can be suspended or discontinued at any time. The company is not required to repurchase a specific amount, and emphasizes that statements about potential repurchases are forward-looking and subject to various business, market, and legal factors.

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Insights

Globant adds a flexible, board-approved share buyback of up to $125M.

Globant’s board authorized a share repurchase program of up to $50 million per quarter, capped at $125 million, running from the fourth quarter of 2025 through the fourth quarter of 2026. This gives the company a structured but discretionary framework to repurchase common shares over roughly a one-year period.

The program is highly flexible: management controls timing, pricing, and volumes, subject to factors such as business and market conditions, liquidity needs, regulatory and debt agreement constraints, and alternative investment or acquisition opportunities. Purchases may be made via open market or accelerated share repurchases, and the company is not obligated to buy any minimum amount.

The disclosure underscores that any future repurchases are forward-looking and may not occur as currently expected, with outcomes influenced by operating performance, macroeconomic conditions, and risks highlighted in Globant’s Form 20-F and subsequent reports. The information is also incorporated by reference into existing Form F-3 and Form S-8 registration statements, aligning this capital allocation flexibility with the company’s broader financing and equity compensation arrangements.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2025

Commission File Number 001-36535

 

GLOBANT S.A.

(Translation of registrant’s name into English)

 

37A, Avenue J.F. Kennedy

L-1855, Luxembourg

Tel: + 352 20 30 15 96

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports

under cover of Form 20-F or Form 40-F:

 

x Form 20-F  ¨ Form 40-F

  

 

 

 

 

 

GLOBANT S.A.

FORM 6-K

 

Globant S.A. (the “Company”) is furnishing under the cover of Form 6-K the following:

 

Share Repurchase Plan

 

On September 30, 2025, the Company’s board of directors approved a new share repurchase program (the “Program”), authorizing the allocation of up to $50 million per quarter, subject to a maximum aggregate of $125 million, for the repurchase of the Company’s common shares beginning in the fourth quarter of 2025 through the fourth quarter of 2026.

 

The timing and price of repurchases as well as the actual number of shares repurchased under the Program will be at the discretion of the Company and will depend on a variety of factors, including business and market conditions, the share price, regulatory requirements and limitations, corporate liquidity requirements and priorities, legal requirements and restrictions in the agreements governing the Company’s indebtedness, alternative investment opportunities, acquisition opportunities and other factors.

 

Purchases may be made from time to time at management’s discretion. The Program permits shares to be repurchased in a variety of methods, including but not limited to open market repurchases or accelerated share repurchases. The Company is not obligated to repurchase any specific amount of shares. The Program may be suspended or discontinued at any time or periodically without prior notice.

 

On October 1, 2025, the Company issued a press release entitled “Globant unveils new $125 million share repurchase program.” A copy of this press release is attached to this report on Form 6-K as Exhibit 99.1.

 

Forward Looking Statements

 

This report on Form 6-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These statements include, but are not limited to, statements related to potential share repurchases and reflect the Company’s current beliefs and expectations. The Company’s expectations and beliefs regarding these matters may not materialize. Factors that could impact the Company’s expectations and beliefs regarding these matters not to materialize include: the Company’s ability to maintain current resource utilization rates and productivity levels; the Company’s ability to manage attrition and attract and retain highly-skilled IT professionals; the Company’s ability to accurately price its client contracts; the Company’s ability to achieve its anticipated growth; the Company’s ability to effectively manage its rapid growth; the Company’s ability to retain its senior management team and other key employees; the Company’s ability to continue to innovate and remain at the forefront of emerging technologies and related market trends; the Company’s ability to retain its business relationships and client contracts; the Company’s ability to manage the impact of global adverse economic conditions; the Company’s ability to manage uncertainty concerning the instability in the current economic, political and social environment in Latin America; and other factors discussed under the heading “Risk Factors” in the Company’s most recent annual report on Form 20-F filed with the U.S. Securities and Exchange Commission and any other risk factors the Company includes in subsequent reports on Form 6-K.

 

Because of these uncertainties, you should not make any investment decisions based on the Company’s forward-looking statements. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.

 

Incorporation by Reference

 

The information contained in this report on Form 6-K is hereby incorporated by reference into the Company’s registration statements on Form F-3 (File No. 333-286306) and on Form S-8 (File Nos. 333-201602, 333-211835, 333-232022, 333-255113, 333-266204 and 333-281049), to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

Exhibit 99.1 to this report on Form 6-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

 

 

 

 

Exhibits

 

Exhibit 99.1Press release, dated October 1, 2025, entitled “Globant unveils new $125 million share repurchase program.”

 

 

 

 

Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 GLOBANT S.A.
  
 By: /s/ JUAN URTHIAGUE
   Name: Juan Urthiague
   Title: Chief Financial Officer

 

Date: October 1, 2025

 

 

 

FAQ

What is Globant (GLOB) authorizing in its new share repurchase program?

Globant’s board approved a share repurchase program authorizing the allocation of up to $50 million per quarter, subject to a maximum aggregate of $125 million, for repurchasing its common shares.

Over what period will Globant’s $125 million buyback program run?

The share repurchase program will run from the fourth quarter of 2025 through the fourth quarter of 2026.

Is Globant required to repurchase a specific number of shares under this program?

No. Globant states it is not obligated to repurchase any specific amount of shares, and the program may be suspended or discontinued at any time without prior notice.

How can Globant (GLOB) execute share repurchases under the program?

The program permits share repurchases through various methods, including open market repurchases and accelerated share repurchases, at management’s discretion.

What factors will influence Globant’s actual share repurchases?

Globant notes that repurchases will depend on business and market conditions, share price, regulatory and legal requirements, liquidity needs, debt agreement restrictions, and alternative investment or acquisition opportunities.

How does this Form 6-K relate to Globant’s existing registration statements?

The information in this Form 6-K is incorporated by reference into Globant’s registration statements on Form F-3 (File No. 333-286306) and Form S-8 (multiple file numbers listed), becoming part of those statements from the submission date.
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