Palo Alto Networks Adds $1B to Buyback Authorization

Dow Jones

03/12

By Elias Schisgall

Palo Alto Networks' board of directors approved a $1 billion boost to the cybersecurity company's stock buyback authorization.

The increase adds to the company's existing $4.1 billion buyback authorization, which had been fully used up as of last week, the company said in a Wednesday filing with the Securities and Exchange Commission.

Palo Alto most recently bought back $1 billion of its shares between Feb. 20 and Feb. 24 at an average price of $147.69 a share, the company said in the filing.

The repurchase authorization expires at the end of this year, the company said.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

March 11, 2026 16:28 ET (20:28 GMT)

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Schisgall \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a>' board of directors approved a $1 billion boost to the cybersecurity company's stock buyback authorization. \n</p>\n<p>\n  The increase adds to the company's existing $4.1 billion buyback authorization, which had been fully used up as of last week, the company said in a Wednesday filing with the Securities and Exchange Commission. \n</p>\n<p>\n  Palo Alto most recently bought back $1 billion of its shares between Feb. 20 and Feb. 24 at an average price of $147.69 a share, the company said in the filing. \n</p>\n<p>\n  The repurchase authorization expires at the end of this year, the company said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 11, 2026 16:28 ET (20:28 GMT)\n</p>\n<p>\n  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