other
confidence high
sentiment positive
materiality 0.60
EA enters $1B accelerated share repurchase with Goldman Sachs
ELECTRONIC ARTS INC.
- Company will repurchase $1.0B of common stock under existing $5B buyback program.
- Payment on Feb 6, 2025; initial delivery of 80% based on Feb 5 closing price.
- Final number of shares determined by volume-weighted average price during term.
- Final settlement expected no later than end of Q1 fiscal 2026.