{"schema_version":"secwatch.filing_event.v1","accession":"0001058290-26-000018","form_type":"8-K","ticker":"CTSH","cik":"0001058290","company_name":"COGNIZANT TECHNOLOGY SOLUTIONS CORP","filed_at":"2026-05-18T12:05:48+00:00","discovered_at":"2026-05-18T12:10:00.390244+00:00","generated_at":"2026-05-18T12:12:14.011609+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cognizant increases 2026 share repurchase target by $1B to $2B; board adds $2B to authorization","bullets":["Board approved $2B increase to repurchase authorization; remaining capacity ~$3.45B as of May 17, 2026.","2026 repurchase target raised by $1B to $2B, with an additional $1B expected to be completed in Q2 2026.","Company will draw $1B from its revolving credit facility to fund buybacks, citing anticipated Astreya acquisition closing.","CEO Ravi Kumar S says share price significantly undervalues prospects; reiterates focus on AI-led transformation."],"urls":{"canonical":"https://secwatch.observer/filing/0001058290-26-000018","json":"https://secwatch.observer/filing/0001058290-26-000018.json","markdown":"https://secwatch.observer/filing/0001058290-26-000018.md","text":"https://secwatch.observer/filing/0001058290-26-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1058290/000105829026000018/0001058290-26-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1058290/000105829026000018/ctsh-20260517.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T12:12:14.011609+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}