Global Finance News
16 Mar 2026, 19:10
Salesforce announced the start of a $25 billion accelerated share repurchase (ASR), the largest transaction of its kind ever, signaling strong confidence in the company’s growth and cash-flow outlook.
The repurchase represents the immediate execution of half of the $50 billion share buyback program approved by Salesforce’s board in February 2026. As part of the ASR agreements, the company has prepaid for the transaction and received an initial delivery of about 103 million shares, representing roughly 80 percent of the shares expected to be repurchased based on the March 11 closing price.
Business Wire
The repurchase represents the immediate execution of half of the $50 billion share buyback program approved by Salesforce’s board in February 2026. As part of the ASR agreements, the company has prepaid for the transaction and received an initial delivery of about 103 million shares, representing roughly 80 percent of the shares expected to be repurchased based on the March 11 closing price.
Business Wire