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Get filing alertsCrowdStrike expands stock buyback program by up to $500M to $1.5B total authorization
Filed April 6, 2026 · Period ending April 6, 2026 · ~1 min read
Key Changes
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Board approved additional up to $500M share repurchase authorization, bringing total program to $1.5B with no expiration date, signaling management confidence in valuation and capital allocation strategy.
Item 8.01 verify on EDGAR → -
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Company has already repurchased 413,130 shares for $150.6M at average price of $364.57 per share, representing 10% of total authorization deployed to date.
Item 8.01 verify on EDGAR → -
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Buyback program has no fixed timeline or minimum purchase requirement; management retains full discretion to execute opportunistically through open market, private transactions, or 10b5-1 plans.
Item 8.01 verify on EDGAR →
Summary
CrowdStrike announced a significant expansion of its share repurchase program, with the board authorizing an additional up to $500 million in buybacks. This brings the company's total authorization to $1.5 billion, demonstrating management's view that the stock represents an attractive use of capital.
The company has already been active in executing the program, having spent $150.6 million to repurchase over 413,000 shares at an average price of $364.57.
For retail investors, this announcement signals two things: first, that CrowdStrike's balance sheet is strong enough to support substantial capital returns while presumably maintaining investment in growth; second, that management believes the current valuation offers value. The lack of a fixed timeline means actual buyback activity could vary quarter to quarter based on market conditions and competing capital needs. Watch the company's quarterly earnings reports for updates on buyback execution pace and remaining authorization. If repurchases slow significantly despite the expanded program, it could indicate management sees better uses for cash or has concerns about near-term business performance.
Section-by-Section Diff
Event · Item 8.01 — Other Events
Item 8.01 — Other Events filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
Under the Share Repurchase Program, the Company has repurchased 413,130 shares of its outstanding Class A common stock at an average price of $364.57 per share, for an aggregate purchase price of $150.6 million.
The company has already executed $150.6 million of buybacks, purchasing 413,130 shares at an average price of $364.57. This represents approximately 10% of the total $1.5 billion authorization and demonstrates active deployment of the program.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
The Share Repurchase Program does not have a fixed expiration date and does not obligate the Company to acquire any specific number of shares. Repurchases may be made from time to time using a variety of methods, including open market purchases, privately negotiated transactions, Rule 10b5-1 trading plans and other means.
The buyback program has no expiration date or minimum purchase requirement, giving management full discretion on timing and execution methods. The company plans to use the program opportunistically based on market conditions, meaning actual repurchases may vary significantly.
Event · Item 9.01 — Financial Statements and Exhibits
CrowdStrike filed an 8-K attaching a press release dated April 6, 2026; no material business event disclosed in the filing body.
Added in current filing · verify on EDGAR →
Press release dated April 6, 2026
The 8-K references an attached press release dated April 6, 2026 (Exhibit 99.1). The filing body itself contains no disclosure of the press release content or the underlying event being announced. Without access to the exhibit, the nature and materiality of the announcement cannot be determined from this filing.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 10, 2026 · How we verify