Workflow
Hybrid Multicloud Computing Platform
icon
Search documents
Nutanix Announces Increase to Share Repurchase Authorization
Globenewswireยท 2025-08-27 20:01
Core Points - Nutanix has authorized an increase of $350 million to its existing share repurchase program, bringing the total repurchase authorization to $461 million, including approximately $111 million remaining from the previous authorization as of July 31, 2025 [1][2] Company Strategy - The increase in the share repurchase program aligns with Nutanix's focus on investing in its business to support profitable growth and delivering strong returns for shareholders, reflecting confidence in its long-term market opportunity and financial outlook [2] Share Repurchase Details - Nutanix may repurchase shares through various means, including open market purchases and privately negotiated transactions, with the timing and amount depending on stock prices, market conditions, and other factors. The authorization has no expiration date and can be modified or discontinued at any time [3]