Concentrix Corporation (NasdaqGS:CNXC) is looking for M&A. Andre Valentine, Chief Financial Officer said, "Right now, given the current interest rate environment, as we think about the strong free cash flow we're going to generate in 2023, obviously, we're still looking for accretive M&A. That's a priority supporting our dividend. It's certainly a priority. And then from a share buyback perspective, I think you'll see us be modestly active there.

We do want to offset dilution from share issuances. So that will be a part of the program. And then some amount of opportunistic share repurchase perhaps after that.

But right now, in the current interest rate environment, delevering, creating more fresh powder for accretive M&A would be a higher priority for us than what I would call kind of large-scale share repurchase".