Salesforce commenced the prepayment and initial delivery of about 103 million shares under its USD 25 billion accelerated share repurchase agreements with certain financial institutions. The ASR agreements were entered into on March 11, 2026 with Banco Santander, Bank of America, Citibank, JPMorgan Chase, and Morgan Stanley. The initial delivery represents about 80% of the total shares anticipated to be repurchased, based on the closing price of Salesforce common stock on March 11, 2026. The final number of shares will be determined generally by the volume-weighted average price during the term of the transaction, less a discount and subject to adjustments. Final settlement is expected to occur in the third or fourth quarter of Salesforce’s FY27.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Salesforce Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603160903BIZWIRE_USPR_____20260315_BW073581) on March 16, 2026, and is solely responsible for the information contained therein.