Veeva Systems announced that its board has approved a new share repurchase program authorizing the company to buy back up to $2 billion of its Class A common stock. The program, which has a two-year term, allows repurchases through open market transactions, privately negotiated deals, or other permitted methods, including Rule 10b5-1 trading plans. Management emphasized that the initiative reflects Veeva’s strong cash generation, disciplined operations, and confidence in its long-term growth strategy, while preserving flexibility to continue investing in product innovation and customer success.

Source: Veeva Systems press release, January 5, 2026 (PR Newswire).