Form 8-K · Current Report · Filed 2026-03-16
Salesforce Announces Largest-Ever $25 Billion Accelerated Share Repurchase
On March 16, 2026, Salesforce, Inc. announced the commencement of a $25 billion accelerated share repurchase agreement, the largest in history. This transaction, which represents half of the $50 billion share repurchase program authorized by the company's Board of Directors, involves the repurchase of approximately 103 million shares from financial institutions including Banco Santander, S.A., Bank of America, N.A., Citibank, N.A., JPMorgan Chase Bank, National Association, and Morgan Stanley & Co. LLC. The repurchase is expected to be completed in the third or fourth quarter of Salesforce's FY27. This action underscores the company's confidence in its future growth and cash flow trajectory.
- Filer
- Salesforce Inc. CRM · NYSE
- Filed
- Accession
- 0001193125-26-107403
- CIK
- 0001108524
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$192.83
Next session
+1.3%
Since filing
-4.6%
Latest close
$184.02
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Precedent
Previous filings from CRM reporting the same item, with the next session's move:
About Salesforce Inc.
Salesforce Inc. is a cloud-based software company that specializes in customer relationship management (CRM) solutions. Founded in 1999, Salesforce has revolutionized how businesses engage with their customers through its comprehensive suite of applications designed to improve sales, service, marketing, and commerce interactions. The platform enables organizations to automate processes, streamline operations, and enhance customer satisfactions by providing a single, integrated view of customer data. With functionalities extending to analytics, artificial intelligence, and cloud integration, Salesforce serves a variety of industries including retail, healthcare, finance, and technology. Headquartered in San Francisco, California, the company is renowned for its versatile and scalable solutions that cater to businesses of all sizes, from small startups to large enterprises. As a leading player in the SaaS market, Salesforce has significantly influenced the digital transformation era by empowering companies to leverage cloud computing for improved business agility and customer insights.
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