Fortinet increases share repurchase authorization by $1B to $9.25B, extends to 2027

Fortinet, Inc.

Board authorized $1B increase to share repurchase program, total authorized now $9.25B.
Program extended to February 28, 2027; as of Aug 21, 2025, $1.23B remained available.
Repurchases may be through open market or private transactions, including Rule 10b5-1 plans.
Company not obligated to repurchase any specific amount; program may be suspended at any time.

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