Pure Storage's Shareholder Return Strategy Signals Business Confidence

Key Takeaways PSTG authorized its largest-ever $400M share repurchase, adding to $20M remaining under a prior $250M plan.PSTG posted 16% revenue growth to $964M and a record 20.3% operating margin in the last reported quarterPSTG ended Q3 with $1.5B in cash and returned $53M via buybacks, while continuing to invest in growth.Pure Storage (PSTG) is emphasizing shareholder returns, supported by improving operating performance and stronger cash flow visibility. Last month, the company announced its “largest-ev ...