CrowdStrike (CRWD) announced that CrowdStrike’s Board of Directors has authorized the repurchase of up to an additional $500 million of CrowdStrike’s Class A common stock to its existing stock repurchase program, bringing the total authorization under the program to $1.5 billion. Under its existing share repurchase program, CrowdStrike has repurchased 413,130 shares of its outstanding Class A common stock at an average price of $364.57 per share, for an aggregate purchase price of $150.6 million.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRWD:
- CrowdStrike Holdings Draws Bullish Calls Amid AI Cyber Boom
- Adobe, ARM, CrowdStrike, Qualcomm, Vertiv Trending With Analysts
- Anthropic’s Catastrophic Leak May Have Just Handed China the Blueprints to Claude Al
- Mixed options sentiment in CrowdStrike Holdings with shares up 0.49%
- CrowdStrike (CRWD) Stock Jumps after Benchmark Calls It a Top Cybersecurity Pick
