secwatch.observer — SEC 8-K summary
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Issuer:     Palo Alto Networks Inc (PANW)
CIK:        0001327567
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0001327567-26-000009
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palo Alto Networks board approves $1.0B share repurchase authorization increase
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327567/000132756726000009/0001327567-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327567/000132756726000009/panw-20260310.htm
  HTML page:      https://secwatch.observer/filing/0001327567-26-000009

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