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PANW Palo Alto Networks Inc

297.47
1.80 (0.61%)
11 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Palo Alto Networks Inc NASDAQ:PANW NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.80 0.61% 297.47 276.00 308.00 300.9659 297.00 298.47 2,139,053 05:00:11

Palo Alto Networks to Buy Back Additional Shares Valued at $316.7 Million

17/11/2023 10:46pm

Dow Jones News


Palo Alto Networks (NASDAQ:PANW)
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By Sabela Ojea

 

Palo Alto Networks is buying back additional shares of its common stock valued at $316.7 million, according to a Securities and Exchange Commission filing.

The Santa Clara, Calif.-based cybersecurity company said Friday the authorization is an increase to its existing share buyback program of $3.3 billion, originally approved in 2019 and extended in December 2020, August 2021 and August 2022.

The authorization allows Palo Alto to buy back shares of its common stock opportunistically and will be funded from available working capital.

 

Write to Sabela Ojea at sabela.ojea@wsj.com

 

(END) Dow Jones Newswires

November 17, 2023 17:31 ET (22:31 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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