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By The Online Investor Staff, updated Fri., May. 27, 12:27 AM

Slide #3. Paycom Software, Inc.

Company: Paycom Software, Inc. (NYSE:PAYC)
$Amount Authorized: $50,000,000
Buyback Details: Paycom Software, Inc. (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software delivered as Software-as-a-Service, today announced that its Board of Directors has authorized a stock repurchase plan under which up to $50,000,000 is available to purchase shares of Paycom's outstanding common stock, par value $0.01 per share, over the next 24 months.

Paycom Software is a provider of cloud-based human capital management (HCM) software solution delivered as Software-as-a-Service (SaaS). Co. provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. Co.'s application requires no customization and is based on a core system of record maintained in a single database for all HCM functions, including talent acquisition, time and labor management, payroll, talent management and human resources (HR), management applications.

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Company Name:  Paycom Software Inc
Sector:  Application Software
Number of ETFs Holding PAYC:  24
Total Market Value Held by ETFs:  $40.10M
Total Market Capitalization:  $2.50B
% of Market Cap. Held by ETFs:  1.61%

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May 27, 2016    12:27 AM Eastern
Quotes delayed 20 minutes

Strong Buy (4.00 out of 4)
90th percentile
(ranked higher than approx. 90% of all stocks covered)
Based on Zacks ABR data;
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