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Qualtrics International Inc., the enterprise-software company owned by SAP SAP, -1.99%, will reportedly price its initial public offering at $30 a share, above its targeted range.
The company, scheduled to debut Thursday under the XM, ticker, plans to sell 50.4 million shares. The expected range had been $27 to $29 each, itself an increase from the original range of $20 to $24, according to reports late Wednesday by Bloomberg and Reuters, citing unnamed people familiar with the IPO.