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STOCKHOLDERS’ EQUITY | 12 Months Ended
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Nov. 30, 2024
Equity [Abstract] |
STOCKHOLDERS’ EQUITY | NOTE 16—STOCKHOLDERS’ EQUITY: Share repurchase program In September 2021, the Company’s board of directors authorized the repurchase of up to $500,000 of the outstanding shares of Concentrix common stock from time to time as market and business conditions warrant, including through open market purchases or Rule 10b5-1 trading plans. The repurchase program has no termination date and may be suspended or discontinued at any time. During the fiscal years ended November 30, 2024 and 2023 under the share repurchase program, the Company repurchased 2,201 and 709 shares, respectively, of Concentrix common stock for an aggregate purchase price of $136,096 and $63,958, respectively. The share repurchases were made on the open market and the shares repurchased by the Company are held in treasury for general corporate purposes. At November 30, 2024, approximately $154,030 remained available for share repurchases under the existing authorization from the Company’s board of directors. During December 2024, the Company repurchased 151 shares of Concentrix common stock under the repurchase program for an aggregate purchase price of $6,548. In January 2025, the Company’s board of directors extended the share repurchase program by authorizing an increase of the amount remaining for share repurchases under the existing share repurchase authorization to $600,000. Dividends During fiscal years 2024 and 2023, the Company paid the following dividends per share approved by the Company’s board of directors:
Announcement Date | Record Date | Per Share Dividend Amount | Payment Date
January 19, 2023 | January 30, 2023 | $0.275 | February 10, 2023
March 29, 2023 | April 28, 2023 | $0.275 | May 9, 2023
June 28, 2023 | July 28, 2023 | $0.275 | August 8, 2023
September 27, 2023 | October 27, 2023 | $0.3025 | November 7, 2023
January 24, 2024 | February 5, 2024 | $0.3025 | February 15, 2024
March 26, 2024 | April 26, 2024 | $0.3025 | May 7, 2024
June 26, 2024 | July 26, 2024 | $0.3025 | August 6, 2024
September 25, 2024 | October 25, 2024 | $0.33275 | November 5, 2024
On January 15, 2025, the Company announced a cash dividend of $0.33275 per share to stockholders of record as of January 31, 2025, payable on February 11, 2025.

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