Nutanix announced that its Board of Directors has authorized the repurchase of up to $350 million of its Class A common stock. “We remain focused on investing in our business to support profitable growth and on delivering strong returns for shareholders. This share repurchase program is consistent with these objectives and a reflection of the confidence we have in our long-term market opportunity and financial outlook,” said Nutanix CFO, Rukmini Sivaraman.
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