Engine Capital pushes EPAM for share buybacks or sale, source says
Engine Capital pushes EPAM for share buybacks or sale, source says Aug 31 (Reuters) - Activist hedge fund Engine Capital has a 1.5% stake in EPAM Systems EPAM.N and is pushing the software firm to increase share buybacks or consider a sale following stock declines sparked by fears of AI disruption, a source familiar with the matter said.
(Reporting by Prathik Jayaprakash in Bengaluru; Editing by Maju Samuel)
((Prathik.Jayaprakash@thomsonreuters.com; +91 9916364306))
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