DENVER, Nov. 9, 2016 /PRNewswire/ -- TeleTech
Holdings, Inc. (NASDAQ: TTEC), a leading global provider of
customer experience, engagement and growth solutions, announced
that its Board of Directors has authorized an additional
$25 million for future share
repurchases. The share repurchase authorization does not have an
expiration date and the pace of repurchase activity will depend on
cash balances, cash flow from operations, market conditions, stock
price and other factors.
As of November 9, 2016, inclusive
of the aforementioned increased share repurchase authorization,
TeleTech had approximately $28.3
million for future share repurchases.
ABOUT TELETECH
TeleTech (NASDAQ: TTEC) is a leading global provider of customer
experience, engagement and growth solutions. Founded in 1982, the
Company helps its clients acquire, retain and grow profitable
customer relationships. Using customer-centric strategy,
technology, processes and operations, TeleTech partners with
business leadership across marketing, sales and customer care
to design and deliver a simple, more human customer experience
across every interaction channel. Servicing over 80 countries,
TeleTech's 43,500 employees live by a set of customer-focused
values that guide relationships with clients, their customers, and
each other. To learn more about how TeleTech is bringing
humanity to the customer experience, visit TeleTech.com.
FORWARD-LOOKING STATEMENTS
Statements in this press release contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and
the Private Securities Litigation Reform Act of 1995, relating to
our operations, expected financial position, results of operation,
continuation of client relationships, and other business matters
that are based on our current expectations, assumptions, and
projections with respect to the future, and are not a guarantee of
performance. We use words such as "may," "believe," "plan," "will,"
"anticipate," "estimate," "expect," "intend," "project," "would,"
"could," "target," or similar expressions, or when we discuss our
strategy, plans, goals, initiatives, or objectives, we are making
forward-looking statements.
We caution you not to rely unduly on any forward-looking
statements. Actual results may differ materially from what is
expressed in the forward-looking statements, and you should review
and consider carefully the risks, uncertainties and other factors
that affect our business and may cause such differences as outlined
but are not limited to factors discussed in the sections entitled
"Risk Factors" included in TeleTech's filings with the US
Securities and Exchange Commission (the "SEC"), including our most
recent Annual Report on Form 10-K and subsequent quarterly
financial reports on Form 10-Q. TeleTech's filings with the SEC are
available in the "Investors" section of TeleTech's website,
www.teletech.com and at the SEC's public website at
www.sec.gov. Our forward looking statements speak only as of
the date of the press release and we undertake no obligation to
update them, except as may be required by applicable laws.
Investor
Contact
|
Media
Contact
|
Paul
Miller
|
Elizabeth
Grice
|
303.397.8641
|
303.397.8507
|
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SOURCE TeleTech Holdings, Inc.