Salesforce says expect to buy back $7B in common stock in next 6 months

The company states: “We have a capital allocation framework. Again, we’ve doubled down in invested on organic innovation. And we’ve also done some inorganic innovation. But we have a responsible M&A framework in which we’re doing it. We delivered and return cash to shareholders via our dividend and our share repurchase program, which I’ll talk about on the next slide. And we’re also focused on reducing stock based comp. So since the inception of our program, we’ve returned over 29 billion via share repurchases. And as you know, last quarter, we announced an additional $20 billion buyback. What we’re. Are letting you know today and committing to is for the second half of FY 26, we’re doubling down on share repurchases. So we expect to buy back another $7 billion of shares. In the next six months. As you can see, it’s a high percentage of our free cash flow over time. It’s been about 80% of our free cash flow. Since inception of the program. So I want to click in quickly to M&A because I know it’s something that we get asked about, right. We’re focused. I work hand in hand, as does the leadership team with our M&A team.”