CrowdStrike adds $500 million to buyback, total authorization now $1.5 billion
CrowdStrike's Board of Directors approved up to an additional $500 million in share repurchases, bringing the total authorization to $1.5 billion. The company has already repurchased 413,130 Class A shares for $150.6 million under the program, and the filing says repurchases will be made opportunistically with no fixed expiration date and no obligation to buy any specific number of shares.
Key points
- Board approved up to an additional $500 million of repurchases on April 6, 2026, for a total authorization of $1.5 billion
- To date, the company has repurchased 413,130 Class A shares at an average price of $364.57, for an aggregate $150.6 million
- The program has no fixed expiration date and does not require any specific number of share purchases
- CFO Burt Podbere said the company sees a disconnect between its momentum and its current valuation
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits 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 06, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.