Salesforce announced the commencement of a historic $25 billion accelerated share repurchase (ASR) program, executing on half of its recently authorized $50 billion share buyback plan. The company has made the prepayment and received an initial delivery of shares under agreements made on March 11, 2026.
Key Details
- Program Size: The ASR is for an aggregate of $25 billion, part of a larger $50 billion share repurchase program authorized by the Board in February 2026.
- Initial Share Delivery: Salesforce received an initial delivery of approximately 103 million shares, representing about 80% of the total shares expected to be repurchased under the agreement.
- Timeline & Settlement: The agreements were entered into on March 11, 2026, and the program commenced on March 16, 2026. Final settlement is expected to occur in the third or fourth quarter of Salesforce's fiscal year 2027.