BUZZ-Salesforce shares rise on $60 billion revenue goal, $7 billion buyback

Reuters

2025/10/16

BUZZ-<a href="https://laohu8.com/S/CRM">Salesforce</a> shares rise on $60 billion revenue goal, $7 billion buyback

** Salesforce CRM.N shares up 4% at $246.5 premarket after co projects annual rev of more than $60 bln by 2030, share buyback

** Forecast excludes impact of cloud software giant's planned $8 bln acquisition of software firm Informatica

** Co also unveiled $7 billion share buyback program over next six months

** On Monday, co said it would invest $15 bln in San Francisco over five years to accelerate AI adoption to sharpen edge against tech giants

** J.P.Morgan analysts say buyback signals confidence in Salesforce's free cash flow strength, near-term rebound in bookings and revenue

** YTD, stock down nearly 29%

(Reporting by Rashika Singh in Bengaluru)

((Rashika.Singh@thomsonreuters.com;))

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xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-<a href=\"https://laohu8.com/S/CRM\">Salesforce</a> shares rise on $60 billion revenue goal, $7 billion buyback</title></head><body><p>** Salesforce <span>CRM.N</span> shares up 4% at $246.5 premarket after co <span>projects</span> annual rev of more than $60 bln by 2030, share buyback </p><p>** Forecast excludes impact of cloud software giant's planned $8 bln acquisition of software firm Informatica</p><p>** Co also unveiled $7 billion share buyback program over next six months</p><p>** <span>On Monday</span>, co said it would invest $15 bln in San Francisco over five years to accelerate AI adoption to sharpen edge against tech giants</p><p>** J.P.Morgan analysts say buyback signals confidence in Salesforce's free cash flow strength, near-term rebound in bookings and revenue</p><p>** YTD, stock down nearly 29%</p><p> (Reporting by Rashika Singh in Bengaluru)</p><p> 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