other material
confidence high
sentiment positive
materiality 0.50
Palo Alto Networks board approves $1.0B share repurchase authorization increase
Palo Alto Networks Inc
- Board authorized an additional $1.0B in share repurchases on March 10, 2026; prior authorization had $0 remaining as of March 6.
- Company repurchased $1.0B of stock on Feb 20–24, 2026: ~6.8M shares at avg $147.69 per share.
- Total outstanding shares as of March 6, 2026: approximately 811 million.
- New authorization expires December 31, 2026; repurchases may be made opportunistically.