Adobe approves new $25 billion stock buyback through April 30, 2030
Adobe's board approved a stock repurchase authorization of up to $25 billion in common stock through April 30, 2030, announced April 21, 2026. Adobe may buy shares in the open market or through structured repurchase agreements, but it has no obligation to repurchase any amount. At the April 15, 2026 annual meeting, stockholders also approved a 12 million share increase to the 2019 Equity Incentive Plan and rejected all four stockholder proposals.
Key points
- Board authorized repurchases of up to $25 billion in common stock through April 30, 2030.
- Repurchases may be made in the open market or through structured repurchase agreements; timing and amount are at Adobe's discretion.
- Stockholders approved a 12 million share increase to the 2019 Equity Incentive Plan on April 15, 2026.
- Stockholders did not approve proposals five through eight, including a golden parachute vote and a climate risk proposal.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.