Cognizant board approves $2B increase to share repurchase authorization; 2025 buyback expected at $1.1B

COGNIZANT TECHNOLOGY SOLUTIONS CORP

Board approved $2B increase to existing share repurchase authorization, leaving ~$3.1B remaining as of March 24.
2025 share repurchase expectation raised by $500M to $1.1B.
CEO Ravi Kumar S. outlines long-term growth strategy focused on AI-driven transformation at Investor Day.
Company reiterates balanced capital allocation framework including flexibility for strategic acquisitions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.