Workday Inc.
09/17/2025 | Press release | Distributed by Public on 09/17/2025 04:02
Material Event (Form 8-K)
Item 8.01 - Other Events
On September 16, 2025, Workday announced that its Board of Directors authorized the repurchase of up to an additional $4.0 billion of Workday's outstanding shares of Class A common stock (the "Share Repurchase Program"). The Share Repurchase Program has no expiration date, may be suspended or discontinued at any time, and does not obligate Workday to acquire any amount of Class A common stock. As of July 31, 2025, approximately $1.2 billion of Workday's outstanding shares of Class A common stock remain available and authorized for repurchase under Workday's existing share repurchase authorizations. Workday intends to repurchase approximately $5.0 billion of its Class A common stock through fiscal 2027.
Workday may repurchase shares of Class A common stock from time to time through open market purchases, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in privately negotiated transactions, or by other means, in accordance with applicable securities laws and other restrictions. The timing and total amount of share repurchases will depend upon business, economic, and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations.
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