Roper Technologies Stock Slips Again: Why the $3 Billion Buyback Is Now in Focus
Roper Technologies shares closed at $331.70, down 1.4%, with a market value of about $34.7 billion ahead of Thursday's Nasdaq session. The company reported first-quarter revenue of $2.10 billion and authorized $3 billion in new share buybacks. Shareholders recently rejected a proposal to review a spin-off of software segments. Roper's stock underperformed peers earlier this week.