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Rimini Street Closes $5 Million Share Buyback, Cuts Debt by $5 Million

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Rimini Street (RMNI) has completed about $5 million in share buybacks and $5 million in debt reduction during the fiscal Q3 period through Aug. 28, the company said Monday.

The company repurchased 970,566 shares and prepaid $5 million of its term loan, according to the statement. The transactions bring Rimini Street's total fiscal 2026 capital return and balance sheet optimization to about $30.9 million in the first three quarters, the company said.

Price: $5.58, Change: $-0.07, Percent Change: -1.24%

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