Three Major Software Companies Launch Large Share Repurchase Programs

Salesforce (CRM), Adobe (ADBE), and ADP have authorized significant share buyback programs as they view current low valuations as an opportunity. The move comes amid broader tech sector strength in Q2, though software stocks remain underperformers due to concerns about AI disruption.

By Jessica Mitacek, MarketBeat Sat, May 30, 2026 at 5:10 PM GMT+3 5 min read · Yahoo Finance · May 30, 2026, 14:10 UTC

Three Major Software Companies Launch Large Share Repurchase Programs

Tickers: $ADBE $ADP $CRM

Topics: AI concerns buybacks software tech sector performance

Read the full article at Yahoo Finance

More World news

Canadian Tire Announces Quarterly Dividend of CAD 1.825 Per Share Seeking Alpha · November 12, 2026, 13:58 UTC
Chicago Atlantic BDC Announces $0.34 Per Share Quarterly Dividend Seeking Alpha · November 12, 2026, 13:59 UTC
William Blair Upgrades AMD to Outperform Amid Leadership Crisis at Nvidia CNBC · November 12, 2026, 13:56 UTC
HawkEye 360 Secures $135 Million in New Global Contracts Seeking Alpha · November 12, 2026, 13:55 UTC
Databento Secures $100 Million Series C Funding at $1.1 Billion Valuation PR Newswire · November 12, 2026, 13:57 UTC
Annex Brands Announces Franchise Renewal for Postal Connections in Fort Mohave, Arizona PR Newswire · November 12, 2026, 13:58 UTC
Nvidia CEO Jensen Huang Resigns Following Personal Scandals and Espionage Allegations The Verge · November 12, 2026, 13:53 UTC
AMD and PsiQuantum Partner to Develop Fault-Tolerant Quantum Computing Infrastructure Seeking Alpha · November 12, 2026, 13:44 UTC
Nvidia CEO Jensen Huang Resigns; CFO Colette Kress Appointed Interim CEO Seeking Alpha · November 12, 2026, 13:50 UTC
Aktis Oncology Reports Q3 Revenue Growth and Significant Increase in Cash Reserves Seeking Alpha · November 12, 2026, 13:50 UTC