Dec. 12 at 9:48 PM
$ADBE I asked Google if ADOBE is buying back stock. This is the answer:
"Yes, Adobe (ADBE) is actively buying back its shares as part of a major, ongoing program, having announced a new
$25 billion repurchase authorization in March 2024, signaling strong confidence and reducing share count to boost earnings per share. The company consistently executes significant buybacks, with recent reports showing substantial quarterly repurchase amounts and an impressive buyback yield, making it a key part of their capital return strategy.
Key Details:
New Program: Adobe approved a
$25 billion stock repurchase program in March 2024, valid through 2028.
Consistent Activity: They have been buying back billions in stock each quarter, a practice that continued strongly through 2024 and 2025.
Investor Confidence: These buybacks are seen as a major sign of management's belief in the stock's value, offsetting concerns about AI competition and boosting shareholder returns.
Impact: The repurchases reduce the number of outstanding shares, increasing earnings per share and creating leverage for future stock price appreciation.
In short, Adobe is heavily focused on share repurchases, using its strong cash flow to return value to shareholders by reducing its share count.
