Salesforce Launches $25 Billion Accelerated Share Buyback
- Joseph K
- 4 days ago
- 1 min read
Salesforce said it has begun buying back about 103 million shares of its common stock, executing part of the $50 billion share-repurchase program its board had authorized earlier this year.
The software company said Monday that the transaction represents a $25 billion accelerated share repurchase and accounts for roughly 80% of the total shares expected to be bought under the agreement.
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