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      "text": "For the next 3 years expect to grow annually:\nA-EBITDA Margin(1)\nA-EPS(1)\nFree Cash Flows(1)(2)\nReturn of Capital(3)",
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      "text": "1 Live the OpenText Business System\nRelentless focus on execution\n2 Accelerate Cloud Growth\nCompetitive differentiation in Information Management\nGrow consumption in Private Cloud, SaaS, Security and Al\nMarket coverage expansion internationally and mid-market\n3 Powerful A-EBITDA and Free Cash Flows Generation\nMargin expansion (both gross margin and A-EBITDA)\nA technology-enabled business through Data, Automation and Al\nCompleted Micro Focus integration, lower interest and special charges\n4 Disciplined Capital Allocation\nInvest to accelerate cloud growth\nPrimary: Return of Capital to shareholders via dividends and buybacks\nAdditional: Our additional Free Cash Flows will be allocated to the highest\nreturn of capital across dividends, buybacks, debt reduction or M&A",
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      "text": "Please refer to \"Reconciliation of selected GAAP-based measures to Non-GAAP-based measures\" included within our current and historical filings on Forms 10-Q, 10-K\nand 8-K.\nAfter a one-time cash tax payable related to AMC divestiture.\nReturn of capital defined as the total value of cash dividends paid and common shares repurchased in the period. Capital Allocation Strategy subject to change based\non acquisition opportunities or other corporate purposes.",
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