---
schema_version: "secwatch.filing_event.v1"
accession: "0001373715-23-000220"
form_type: "8-K"
ticker: "NOW"
cik: "0001373715"
company_name: "ServiceNow, Inc."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:25:48.825890+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ServiceNow announces first-ever $1.5B share repurchase program to manage dilution

## Summary
- Board authorized up to $1.5B in common stock repurchases, first such program.
- Primary objective: offset dilution from future employee equity grants and ESPP.
- No fixed expiration; repurchases may be suspended or discontinued at any time.
- CFO Gina Mastantuono cites strong cash flow and conviction in business trajectory.
- Repurchases may be through open market, private transactions, or 10b5-1 plans.

## SEC filing metadata
- accession: 0001373715-23-000220
- form_type: 8-K
- ticker: NOW
- cik: 0001373715
- company_name: ServiceNow, Inc.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1373715/000137371523000220/0001373715-23-000220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1373715/000137371523000220/now-20230516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001373715-23-000220
- JSON: https://secwatch.observer/filing/0001373715-23-000220.json
- Plain text: https://secwatch.observer/filing/0001373715-23-000220.txt

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