Adobe Announces $25B Stock Buyback Amid Strong ARR Growth
Adobe (ADBE) reported strong Q2 fiscal performance in June 2026, with double-digit revenue and annual recurring revenue (ARR) growth driven by its AI-first product suite. The company announced a $25 billion stock buyback program and is trading at a low valuation multiple of 7.4x FY 2027 earnings.
Tickers: $ADBE
Topics: AI adoption ARR performance revenue growth stock buyback