CrowdStrike Announces $500 Million Increase to Share Repurchase Program

CrowdStrike Holdings, Inc. announced that its Board of Directors has approved an additional $500 million for its share repurchase program, bringing the total authorization to $1.5 billion. As of April 6, 2026, the company had repurchased 413,130 shares of Class A common stock at an average price of $364.57 per share, totaling $150.6 million. The program has no fixed expiration date and allows for repurchases through various methods, including open market purchases and Rule 10b5-1 trading plans. The company intends to use the program opportunistically, depending on market conditions and stock prices. CrowdStrike, a global cybersecurity leader, aims to return value to shareholders and expects to reach $20 billion in ARR by FY36.