AKAMAI TECHNOLOGIES INC - 8-K Filing
Akamai Technologies issued $3.5 billion in convertible senior notes (split evenly between 2030 and 2032 maturities) on May 22, 2026 to fund accelerated capital expenditures for its Cloud Infrastructure Services business and general corporate purposes. The company used approximately $350 million of the net proceeds to repurchase 2,476,298 shares of common stock at $141.34 per share. (Items: 1.01 Entry into a Material Definitive Agreement Convertible Note Offering On May 22, 2026, Akamai Technologies, Inc, 8.01 Akamai intends to use the remaining net proceeds from the offering of the Notes to fund the accelerated capital expenditure requirements of t, 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, 3.02 Unregistered Sales of Equity Securities)
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