Adobe’s Massive $25 Billion Stock Buyback
Adobe (ADBE) announced a massive $25 billion stock buyback yesterday. At the company’s market cap of $101 billion at announcement, the buyback represents nearly 25% of the…
Written byAsif SuriaSource: InsideArbitrage
Adobe (ADBE) announced a massive $25 billion stock buyback yesterday. At the company’s market cap of $101 billion at announcement, the buyback represents nearly 25% of the company. I checked our history of Adobe’s buyback announcements and they also announced a $25 billion buyback in 2024. At that time the stock was trading at over