BuybackApr 6, 2026, 10:22 AM
CrowdStrike Announces Additional $500 Million Share Repurchase Authorization, Bringing Total to $1.5 Billion
AI Summary
CrowdStrike's Board of Directors approved an additional $500 million for share repurchases, increasing the total authorization to $1.5 billion. The company has already repurchased $150.6 million worth of shares at an average price of $364.57, signaling confidence in the company's value and potentially boosting shareholder returns.
Key Highlights
- CrowdStrike's Board approved an additional $500 million share repurchase program.
- Total repurchase authorization now stands at $1.5 billion.
- Company has already repurchased 413,130 shares at an average price of $364.57.
- Repurchases may be made through open market purchases, privately negotiated transactions, Rule 10b5-1 trading plans, and other means.