Global Finance News
07 Apr 2026, 13:12
CrowdStrike announced it has increased its share repurchase program by $500 million, bringing the total authorization to $1.5 billion.
The company has already repurchased about $150.6 million worth of shares at an average price of $364.57, following strong recent performance.
Management said the expanded buyback reflects confidence in the company’s growth outlook, particularly driven by AI-related demand, and aims to return additional value to shareholders.
The repurchase program has no fixed expiration and will be executed opportunistically depending on market conditions and stock valuation.
Business Wire
The company has already repurchased about $150.6 million worth of shares at an average price of $364.57, following strong recent performance.
Management said the expanded buyback reflects confidence in the company’s growth outlook, particularly driven by AI-related demand, and aims to return additional value to shareholders.
The repurchase program has no fixed expiration and will be executed opportunistically depending on market conditions and stock valuation.
Business Wire