Salesforce, Inc. commenced prepayment and initial delivery of approximately 103 million shares under $25 billion accelerated share repurchase agreements entered into on March 11, 2026 with certain financial institutions. This largest-ever ASR represents half of the $50 billion share repurchase program authorized by the Board in February 2026, underscoring confidence in growth and cash flow.
Key takeaways
Commenced $25 billion ASR on March 16, 2026, largest in history
Initial delivery of approximately 103 million shares, 80% of total anticipated based on March 11, 2026 closing price
ASR agreements with Banco Santander, S.A., Bank of America, N.A., Citibank, N.A., JPMorgan Chase Bank, National Association, and Morgan Stanley & Co. LLC
Part of $50 billion aggregate Share Repurchase Program authorized in February 2026
Final settlement expected in third or fourth quarter of FY27