Adobe Board Approves 25 Billion Dollar Stock Buyback

Adobe said on Tuesday its board approved a new 25 billion dollar stock repurchase program. The plan will remain in effect through the end of April 2030.

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ADOBE INC announced on Tuesday that its board of directors has authorized a new stock repurchase program valued at $25 billion. The software company stated that the buyback initiative is scheduled to remain in effect through April 30, 2030.

The Adobe corporate logo is displayed on a smartphone screen in this illustrative image from June 2022. REUTERS/Dado Ruvic/Illustration
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