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Indebta > Markets > Stocks > ServiceNow announces first-ever stock buyback of $1.5 billion
Stocks

ServiceNow announces first-ever stock buyback of $1.5 billion

News Room
Last updated: 2023/05/17 at 6:51 PM
By News Room
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© Reuters. ServiceNow announces first-ever stock buyback of $1.5 billion

ServiceNow (NYSE:) today announced its first-ever share repurchase program of up to $1.5 billion. The main goal of the program is to manage the impact of dilution from future employee equity grants and employee stock purchase programs.

“This program reflects our conviction in the trajectory of our business and our commitment to driving exceptional shareholder value,” said CFO Gina Mastantuono.

Read the full article here

News Room May 17, 2023 May 17, 2023
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