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Rapid Eight Full Quarter Deleveraging Program
Total Debt
(as of 3/31/23)
$9.3B
Total Debt
opentext™
6.3%
Weighted
Avg. Interest
Rate
opentext
5.9 yrs
Weighted
Avg.
Maturity
TM
46%
Total Debt
Fixed
Planned Debt Reduction of $175M Per Quarter (¹)
Consolidated Net Leverage Ratio (²)
3.3x
As of Mar. 31, 2023
<3.0x
1.
2.
3.
4. Declaration of dividend subject to board discretion.
Excluding mandatory debt repayments.
Consolidated Net Leverage Ratio (pro forma) is calculated using bank covenant methodology.
Cumulative Dividends Paid from F'13 to Q3 F'23.
Within 8
Full Quarters
Continuation of Dividend Program
$18
F'13
(4)
10 consecutive years of
increased dividends paid (³)
$1.5B returned to
Shareholders from F'13 to F'23 YTD
$75
F'14
$88
$99
$121
$146
$169
$189
$211
$238
F'15 F'16 F'17 F'18 F'19 F'20 F'21 F'22
Dividends Paid (USD$M)
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