Adobe Announces $25 Billion Share Repurchase Program Amid Market Concerns
Adobe has authorized a new $25 billion share repurchase program amid concerns over its stock price, which is trading at less than 11 times the midpoint of management's earnings forecast. The company continues to report double-digit revenue growth despite fears that generative AI could impact pricing power in creative and marketing software.

Tickers: $ADBE
Topics: Adobe AI impact buyback earnings stock valuation