---
schema_version: "secwatch.filing_event.v1"
accession: "0001477720-24-000030"
form_type: "8-K"
ticker: "ASAN"
cik: "0001477720"
company_name: "Asana, Inc."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:21:39.188078+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Asana announces $150M stock repurchase program, reaffirms FY2025 guidance

## Summary
- Board authorized up to $150M repurchase of Class A common stock through June 30, 2025.
- CEO Moskovitz said shares are undervalued given long-term potential; cash & investments over $500M.
- Reaffirmed Q2 FY2025 revenue guidance $177-178M (9-10% YoY) and full-year revenue $719-724M (10-11% YoY).
- Expects free cash flow positive for full FY2025; non-GAAP operating loss margin unchanged at ~8% midpoint.

## SEC filing metadata
- accession: 0001477720-24-000030
- form_type: 8-K
- ticker: ASAN
- cik: 0001477720
- company_name: Asana, Inc.
- filed_at: 2024-06-20T23:59:59+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/1477720/000147772024000030/0001477720-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477720/000147772024000030/asan-20240620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477720-24-000030
- JSON: https://secwatch.observer/filing/0001477720-24-000030.json
- Plain text: https://secwatch.observer/filing/0001477720-24-000030.txt

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