Tag Archives | ADBE

Adobe announces new stock repurchase program

Adobe Systems (Nasdaq: ADBE) announced board authorization to repurchase 20 million shares. In addition, the board authorized a $500 million program to buy back shares to offset the dilution of stock issuances. ### PAYOUT YIELD ANALYSIS If completed in 12 months and with 605 million shares outstanding, the new repurchase program will result in a [...]

Read full story Comments are closed