Salesforce $50B buyback half deployed ($25B ASR largest ever, AI confidence)
Key Questions
What is Salesforce's recent share buyback announcement?
Salesforce announced a $50 billion share buyback program, with half already deployed. This includes a record $25 billion accelerated share repurchase (ASR) for 103 million shares, representing an 8% cut in outstanding shares.
How much cash flow did Salesforce generate recently?
Salesforce reported $14.4 billion in free cash flow (FCF), up 16% year-over-year, with a 47.5% margin and operating cash flow (OCF) up 28%. This supports the aggressive buyback deployment.
What were Salesforce's Q1 FY27 results?
Q1 revenue was $11.2 billion, with EPS of $3.81, beating expectations. FY27 guidance is for 10-11% growth.
What are the details of Salesforce's dividend?
Salesforce confirmed a quarterly dividend of $0.44 per share, ex-dividend on April 9, 2026, following a 5.8% hike. This reflects confidence in ongoing cash generation.
What is the insider activity at Salesforce?
Insiders like Kirk and Alber made net buys of +299k shares. There were 25 insider transactions on March 22, 2026, totaling around $1.45 million, amid mixed institutional flows.
$25B ASR (103M sh/8% cut) + $20B Q1 FY27/$14.4B FCF +16%/47.5% margin/OCF +28%, half $50B prog deployed; Q1 $11.2B/$3.81 EPS beat/FY27 +10-11%/div $0.44 ex-Apr9 2026 5.8% hike confirmed; Kirk/Alber insider buys (+299k net)/Flagship trim; inst buys vs trims; macro Hormuz headwinds; counters security amid mixed flows.