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Cerence Announces Repurchase of $30 Million of 1.50% Convertible Senior Notes Due 2028
BURLINGTON, Mass., Dec. 24, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that, in light of its current cash position and outlook for future cash generation, the Company entered into privately negotiated transactions with certain holders of its 1.50% Convertible Senior Notes Due 2028 (the “Notes”), pursuant to which the Company agreed to repurchase $30 million aggregate principal amount
About this update from Cerence Inc.
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