BuybackMar 29, 2026, 07:56 PM
Salesforce Announces $25 Billion Accelerated Share Repurchase Program
AI Summary
Salesforce entered into accelerated share repurchase agreements (ASR Agreements) to repurchase $25 billion of its common stock as part of its existing share repurchase program. The company will make payments on March 16, 2026, and receive initial deliveries of approximately 80% of the total shares based on the closing price on March 11, 2026, signaling a strong commitment to returning capital to shareholders.
Key Highlights
- Salesforce will repurchase $25 billion of its common stock through ASR agreements.
- The company will make payments to ASR Counterparties on March 16, 2026.
- Initial deliveries of approximately 80% of the total shares will be received on March 16, 2026.