Sep. 16 at 10:57 PM
$CRM Salesforce says 'confident' on path to
$63B in revenue in FY30
CFO Robin Washington stated at Salesforce annual conference: "The company I think most importantly, we see innovation flywheel as critical to our success, and it allows it to stay ahead of the innovation curve. The other tenet that I mentioned is capital return. And I think the biggest bet that we've made in FY 27 is on us. We've been buying shares for a long term,
$60 billion cumulative. We launched earlier this year and will complete in October, the largest accelerated share repurchase ever. The return over 40%.
The expected average price
$182 a share. The expected share count reduction over 14%. That brings value to all of you, our shareholders. That is in addition to the
$3 billion in dividends that we have paid out. To conclude, the framework that we talked about last year remains intact. We're very confident with the playbooks that we've talked about with the innovation, with the go-to-market strategy in our path to
$63 billion. The confidence is there, and the TAM is there. To conclude, we believe we are winning at the Agentic enterprise opportunity. We are defining the Agentic enterprise. The execution is compounding our value."
