Rimini Street Announces More Stock Repurchase Transactions

Rimini Street, Inc. recently made an announcement regarding additional stock repurchase transactions, solidifying its position as a prominent global provider of enterprise software support, managed services, and innovation solutions. The company, well-known as the leading third-party support provider for Oracle, SAP, and VMware software, has successfully repurchased 975,000 shares of common stock during the fourth fiscal quarter of 2025. This strategic move, amounting to approximately $3.8 million with an average purchase price of $3.92 per share, has effectively reduced outstanding shares by roughly 1.1%.

Having completed and announced $13.3 million in common stock repurchases within the framework of its $50 million Common Stock Repurchase Plan – initially sanctioned by the Rimini Street Board of Directors in February 2022 and recently extended through June 2029, the company remains committed to fortifying its market presence. Notably, $7.6 million of common stock repurchases were executed across fiscal quarters 3 and 4 of 2025, showcasing sustained strategic investment in the company’s growth trajectory.

In tandem with this positive development, Rimini Street has a compelling upcoming event, Investor Day 2025, slated for Wednesday, December 3, 2025. Investors and stakeholders are encouraged to join CEO Seth Ravin and the Rimini Street executive team during this event as they delve into the company’s vision, strategy, sales and execution model, financial projections, and guiding principles. The event promises insights into the company’s operational and financial outlook, providing a comprehensive understanding of its growth agenda.

Rimini Street, Inc., a Russell 2000® Company, has solidified its reputation as a trusted provider of mission-critical enterprise software support, managed services, and cutting-edge Agentic AI ERP solutions. Noteworthy is the company’s leading position as the third-party support provider of choice for Oracle, SAP, and VMware software systems. With a track record of cultivating numerous IT service contracts with esteemed organizations, including Fortune Global 100, Fortune 500, midmarket, public sector, and government entities, Rimini Street’s Smart Path™ methodology has ushered in operational efficiency, substantial cost savings, and crucial funding for AI and other innovative ventures.

Looking ahead, Rimini Street is poised for substantial growth, evidenced by its unwavering commitment to global expansion and other growth initiatives. Despite certain risks and uncertainties inherent in its business landscape, Rimini Street’s forward-looking statements reflect a robust vision for the future. By focusing on client-centric solutions, strategic partnerships, and innovative offerings, the company aims to stay at the forefront of the ever-evolving enterprise software support industry. Connect with Rimini Street on various platforms to stay updated on its latest endeavors and industry insights.