Salesforce Announces $25 Billion Accelerated Share Repurchase
Salesforce, Inc. has initiated its largest-ever accelerated share repurchase (ASR) program, amounting to $25 billion. This move represents half of the $50 billion share repurchase program authorized by the board in February 2026. The company has entered into agreements with several financial institutions for this transaction. An initial delivery of approximately 103 million shares has occurred, representing about 80% of the total anticipated repurchase based on the March 11, 2026 stock price. The final number of shares will be determined by the volume-weighted average price during the transaction period, with final settlement expected in the third or fourth quarter of FY27. This significant ASR underscores the company's confidence in its future growth and cash flow, as stated by CEO Marc Benioff and CFO Robin Washington. The company is committed to driving shareholder value.