PTC Inc. (NASDAQ:PTC) Files An 8-K Regulation FD Disclosure

On April 20, 2018, after market close, PTC Inc. entered into an accelerated repurchase agreement to repurchase $100Million of its common stock, with an initial delivery of the 80% of the shares to be repurchased. The repurchase is scheduled to be completed in the third quarter of its fiscal 2018 ending June30, 2018.

About PTC Inc. (NASDAQ:PTC)
PTC Inc. is a global computer software and services company. The Company offers a portfolio of computer-aided design (CAD) modeling, product lifecycle management (PLM) and service lifecycle management (SLM) solutions for manufacturers to create, operate, and service products. It offers a suite of Internet of Things (IoT) solutions that enables its customers to connect, manage and analyze data, and create applications. Its segments include the Solutions Group, the IoT Group and Professional Services. The Solutions Group segment includes its CAD, PLM and SLM products. The IoT Group segment includes its IoT, analytics and augmented reality (AR) solutions. The Professional Services segment includes consulting, implementation and training business. Its IoT products include ThingWorx, KEPServerEX, Vuforia Studio and Vuforia. Its CAD products include Creo and Mathcad. Its PLM products include Windchill, Integrity, Navigate and Creo View. Its SLM products include Servigistics and Arbortext.