StockNews.AI
NTNX
StockNews.AI
7 hrs

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.

0%Current Return
VS
+0.01%S&P 500
$69.608/27 04:16 PM EDTEvent Start

$69.608/27 10:20 PM EDTLatest Updated
6m saved
Insight
Article

FAQ

Why Bullish?

Increasing share repurchase programs often signal company confidence in stock value. Historical examples, such as Apple's buyback initiatives, have led to price appreciation.

How important is it?

This buyback program reflects strong corporate confidence and enhances shareholder value, likely boosting NTNX's stock price.

Why Short Term?

Market reactions to share buybacks are typically immediate, affecting stock price in the short-term.

Related Companies

Increases Repurchase Authorization by $350 Million of Common Stock August 27, 2025 16:01 ET  | Source: Nutanix, Inc. SAN JOSE, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its Board of Directors has authorized an increase of $350 million of common stock to the company’s existing share repurchase program. Including approximately $111 million remaining under the prior authorization as of July 31, 2025, the total repurchase authorization stands at $461 million. “We remain focused on investing in our business to support profitable growth and on delivering strong returns for shareholders. This increase to our share repurchase program is consistent with these objectives and a reflection of the confidence we have in our long-term market opportunity and financial outlook,” said Rukmini Sivaraman, CFO of Nutanix. Nutanix may repurchase shares from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing and amount of share repurchases will depend upon prevailing stock prices, business and market conditions, corporate and regulatory requirements, alternative investment opportunities and other factors. The authorization has no expiration date and may be modified, suspended or discontinued at any time and does not obligate Nutanix to repurchase any minimum number of shares. No assurance can be given that any particular amount of shares will be repurchased. About Nutanix Nutanix is a hybrid multicloud computing leader, offering organizations a secure, unified platform for running applications and AI and managing data anywhere. With Nutanix, organizations can simplify operations for traditional and modern applications, freeing them to focus on business goals. Trusted by more than 29,000 customers worldwide, Nutanix helps empower organizations to transform digitally and power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media. © 2025 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). Forward-Looking StatementsThis release contains express and implied forward-looking statements, including, but not limited to, statements regarding the Company’s plans for share repurchase, the Company’s focus on investing in its business to support profitable growth and delivering strong returns for shareholders, and the Company’s confidence in its long-term market opportunity and financial outlook. These forward-looking statements are not historical facts and are instead based on Nutanix’s current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond Nutanix’s control, and actual results may differ materially and adversely from those anticipated or implied by such statements, including, but not limited to: our ability to make share repurchases; business and market conditions; the possibility that the share repurchase program may be suspended or discontinued; and other risks as detailed in Nutanix’s Annual Report on Form 10-K for the fiscal year ended July 31, 2024 filed with the U.S. Securities and Exchange Commission (the “SEC”) on September 19, 2024 and subsequent filings with the SEC, which should be read in conjunction with this release. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, Nutanix assumes no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances. Investor Contact:ir@nutanix.com Media Contact:pr@nutanix.com

Related News