BuybackMar 29, 2026, 07:52 PM
Salesforce Announces Prepayment and Initial Share Delivery Under $25 Billion Accelerated Share Repurchase Agreements
AI Summary
Salesforce announced the prepayment and initial share delivery under its previously announced accelerated share repurchase (ASR) agreements, totaling $25 billion. This signals the company's commitment to returning capital to shareholders and reflects confidence in its financial position.
Key Highlights
- Salesforce prepaid and initiated share delivery under $25 billion ASR agreements.
- The ASR agreements were entered into on March 11, 2026, with certain financial institution counterparties.
- The press release regarding the ASR is attached as Exhibit 99.1.