Nutanix Announces Increase to Share Repurchase Authorization
1. Nutanix increases stock repurchase authorization by $350 million. 2. Total share repurchase authorization now stands at $461 million. 3. CFO cites confidence in long-term financial outlook and market opportunity. 4. Repurchase timing depends on stock prices and market conditions. 5. No minimum share repurchase obligation exists under this program.