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  • Joseph K

Salesforce Stock Slides After Earnings, Despite New Dividend and a $10 Billion Buyback

Salesforce shares are heading lower in late trading Wednesday after the software giant posted strong quarterly results but offered guidance for the January 2025 fiscal year that disappointed Wall Street.

Salesforce also announced a $10 billion increase in its stock repurchase program, and initiated a quarterly dividend of 40 cents a share.






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