Key Takeaways Fortinet expanded its share buyback program by $1 billion, bringing total authorization to $9.25 billion.FTNT trades at a premium P/B ratio of 29.73x, suggesting limited upside potential at current levels.The company faces intense competition but leads with 500+ AI patents and FortiAI integration.Fortinet (FTNT) expanded its share repurchase program by $1 billion on Aug. 21, 2025, bringing the total authorized amount to $9.25 billion and extending the program through Feb. 28, 2027. With approx ...