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Browsing: Buyback
Jim Cramer is calling Salesforce’s massive buyback a stroke of genius, but today’s price action tells a more complicated story about whether the software giant’s rough stretch is truly behind it.
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Spotify Technology (SPOT) spent 2026 getting punished for a spending decision. On August 20, its board answered the market directly: it approved a $1.5 billion increase to the share buyback program, lifting total authorization to roughly $2.2 billion. Shares rose about 5% the next day. At $542.43 as of the September 4 close, the stock…
nCino has reported an 8% year-on-year increase in total revenue for the second quarter of fiscal 2027, while expanding its share repurchase programme by a further $100m as demand grows for its AI-powered banking technology.
Add to Google Preferred Sources Salesforce spent a record $27 billion on stock buybacks in a single quarter, including $25 billion in accelerated repurchases funded by newly issued debt, as CEO Marc Benioff pushes back against Wall Street’s fears that AI will disrupt the software-as-a-service industry. The stock remains down more than 25% in 2026…
In recent weeks, Shopify’s board expanded its share repurchase authorization to US$5.00 billion and held its 2026 annual meeting, where all director nominees were elected, auditors were reappointed, and shareholders endorsed the company’s executive compensation approach while rejecting a proposed artificial intelligence policy.
Globe Life Inc. recently increased its share repurchase authorization to US$2.50 billion, declared a US$0.33 quarterly dividend for October 2026, and announced the retirement of director David A. Rodriguez for personal reasons.
Find 52 companies with promising cash flow potential yet trading below their fair value.