Starboard delivers letter to Dynatrace (DT) and looks forward to continuing constructive engagement with Dynatrace management and board
Importance
Level 1
- Believe DT should target at least 500bps of adj. operating margin expansion by FY29.
- DT board and management team must be open to all paths to maximize shareholder value.
- Over next three years, believe Co. could repurchase more than USD 2.5bln of its shares.