---
schema_version: "secwatch.filing_event.v1"
accession: "0001327567-23-000035"
form_type: "8-K"
ticker: "PANW"
cik: "0001327567"
company_name: "Palo Alto Networks Inc"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-07T23:52:40.950163+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Palo Alto Networks Board approves additional $316.7M stock buyback authorization

## Summary
- New $316.7M repurchase authorization increases existing $3.3B program; ~$683.3M remained as of Oct 31, 2023.
- Authorization expires Dec 31, 2024; shares may be repurchased via open market, private deals, or 10b5-1 plans.
- Company had ~315.3M shares outstanding as of Nov 10, 2023; repurchases funded from working capital.

## SEC filing metadata
- accession: 0001327567-23-000035
- form_type: 8-K
- ticker: PANW
- cik: 0001327567
- company_name: Palo Alto Networks Inc
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327567/000132756723000035/0001327567-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327567/000132756723000035/panw-20231116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327567-23-000035
- JSON: https://secwatch.observer/filing/0001327567-23-000035.json
- Plain text: https://secwatch.observer/filing/0001327567-23-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.