Blackbaud, headquartered in Charleston, South Carolina, provides cloud-based and on-premises software solutions for the philanthropic community, employing 3,000 staff since its IPO on July 22, 2004. Its offerings include fundraising, financial management, and data intelligence services.
BLKB has been in the news recently: Blackbaud will ring the Nasdaq closing bell today to emphasize the significance of GivingTuesday for enhancing global generosity among nonprofits, education, and corporations. Additionally, the company has expanded its stock repurchase program to $1 billion, aiming to buy back a significant portion of its outstanding shares by 2025, and launched a fundraising connector for nonprofits that leverages over 40 years of data to improve effectiveness and provide AI-driven insights.
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