CrowdStrike's Board approved an additional $500 million share repurchase authorization, increasing the total program to $1.5 billion after repurchasing $150.6 million of Class A common stock.
Key takeaways
Board approved $500M additional repurchase authorization, bringing total to $1.5B.
Repurchased 413,130 shares at $364.57 average price for $150.6M aggregate.
Program has no fixed expiration or obligation to repurchase specific shares.
Repurchases via open market, private deals, Rule 10b5-1 plans, or other methods.
CFO cited valuation disconnect post-Q4 FY26 and $20B ARR goal by FY36.
Timing depends on market price, economic conditions, and Company discretion.