RMNI - Dividend announcements

Organizations using composable architectures with third-party support achieve above-average performance 83% of the time versus 27% for traditional approaches Rimini Street, Inc. (NASDAQ:RMNI), a global provider of end-to-end enterprise software support, managed services and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced research findings around the SAP roadmap. In an in-depth study and interactive interview of 455 IT and business leaders, SAP customers voiced concerns over the push toward subscription-based S/4HANA and shared strategies business leaders are adopting to drive innovation and growth. This press release

Australian SaaS provider selects Rimini Street's end-to-end IT support and managed services to streamline part of its ecosystem and improve talent retention Rimini Street, Inc. (NASDAQ:RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced MYOB, a leading SaaS provider based in Australia, has selected Rimini ONE™ to streamline and enhance the support of one of its core platforms. The decision allows MYOB's internal development team to focus on delivering more strategic outcomes for the company. This press release features multimedia.

Rimini Street, Inc. (NASDAQ:RMNI), a global provider of enterprise software products and services, the leading third party support provider for Oracle and SAP software products and a Salesforce partner, today announced that it has completed, pursuant to early redemption rights, the buyback of 60,000 shares of Series A Preferred Stock with a face value of $60 million for total cash payable of $62.3 million, which includes $2.3 million of make-whole dividend. Source of funds for the buyback are Company cash, and the notice of this stock buyback was previously announced on March 16, 2021. The remaining Series A Preferred Stock liquidation value is approximately $88 million. Rimini Street has

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced the completion of repurchases totaling $15 million par value of Series A preferred stock at an aggregate purchase price of $13.45 million, or 89.7% of par value. Repurchases of $5 million took place on October 30, 2020 and $10 million on January 5, 2021. As part of the transaction terms, the requirement to pay “make-whole” dividends through the end of the “non-call” date of July 19, 2021, was waived and the repurchased shares were retired.