secwatch.observer — SEC 8-K summary
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Issuer:     Salesforce, Inc. (CRM)
CIK:        0001108524
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0001193125-26-107403
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Salesforce commences $25B accelerated share repurchase, largest ever
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- $25B ASR agreement executed with five financial institutions on March 11, 2026.
- Initial delivery of ~103M shares, ~80% of total expected repurchase based on March 11 close.
- Represents immediate execution of half of the $50B share repurchase program authorized in Feb 2026.
- Final settlement expected in Q3 or Q4 of FY27; largest ASR in history.
- Counterparties include Santander, Bank of America, Citibank, JPMorgan, Morgan Stanley.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108524/000119312526107403/0001193125-26-107403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108524/000119312526107403/d887663d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-107403

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer