PTC Completes Kepware & ThingWorx Sale, Raises FY2026 Free Cash Flow View and Details Buybacks
ByAinvest
Saturday, Mar 21, 2026 5:10 pm ET1min read
PTC--
PTC completed the sale of Kepware & ThingWorx for $523 million, with estimated net after-tax proceeds of $375 million. The company raised its FY2026 free cash flow view to $850 million and plans to use the majority of free cash flow for share repurchases, targeting total buybacks of $1.125-$1.225 billion.
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