Well, if my math is correct? Using that $25 billion dollars and buying shares back at todays current price of approx. $134/share would only get about 185M shares off the total OS.
That's not even 1% of the OS, right?
But you're right - it's a step in the right direction.
We repurchased 126 million shares of our common stock for $14.5 billion during the first quarter of fiscal years 2026. As of April 27, 2025, we were authorized, subject to certain specifications, to repurchase up to $24.3 billion of our common stock.
From April 28, 2025 through May 23, 2025, we repurchased 19 million shares for $2.3 billion pursuant to a pre-established trading plan. Our share repurchase program aims to offset dilution from shares issued to employees while maintaining adequate liquidity to meet our operating requirements. We may pursue additional share repurchases as we weigh market factors and other investment opportunities.
We paid cash dividends to our shareholders of $244 million and $98 million during the first quarter of fiscal years 2026 and 2025, respectively. The payment of future cash dividends is subject to our Board of Directors' continuing determination that the declaration of dividends is in the best interests of our shareholders.