Ajay Bhatia, former CEO of QuantLase Lab LLC, has settled an insider trading case with Sebi by paying ₹1 crore as a settlement amount. He will also be voluntarily debarred from the securities market for six months and must return ₹55.3 lakhs along with interest. The case relates to issuing over two crore shares to IHC and informing stock exchanges about the transaction on April 8, 2022.
Three prominent tech stocks—Dropbox (NASDAQ: DBX), Nutanix (NASDAQ: NTNX), and Salesforce (NYSE: CRM)—have recently announced substantial buyback programs, signaling confidence in their financial health and strategic initiatives. These moves not only reflect management's optimism but also position these firms to potentially improve key metrics like earnings per share (EPS).
Dropbox (NASDAQ: DBX)
Dropbox, a mid-cap company with a market capitalization of around $8.3 billion, has approved a new $1.5 billion share buyback program
These 3 Tech Stocks Just Supercharged Their Buybacks[1]. This represents a significant 18% of its market capitalization. The company has been scaling its artificial intelligence (AI) driven platform: Dash, which has driven recent share price appreciation. Since April 2021, Dropbox has reduced its outstanding share count by around 35%, indicating a continued commitment to shareholder value.
Nutanix (NASDAQ: NTNX)
Nutanix, a large-cap tech firm with a market capitalization of around $21.2 billion, has increased its share buyback authorization by $350 million, bringing the total to $461 million
These 3 Tech Stocks Just Supercharged Their Buybacks[1]. This is a relatively small 2.2% of its market capitalization but significant for managing dilution. Nutanix has seen a decrease in share count growth, with a rise of less than 1% in 2025, and its free cash flow is trending upwards, suggesting potential future share count reduction.
Salesforce (NYSE: CRM)
Salesforce, a mega-cap tech giant with a market capitalization of around $231 billion, has added $20 billion to its share repurchase authorization, bringing the total to $50 billion
These 3 Tech Stocks Just Supercharged Their Buybacks[1]. This substantial buyback capacity represents 11.1% of its market capitalization. Since November 2022, Salesforce has lowered its outstanding share count by approximately 4.7% and continues to spend around $2 billion per quarter on buybacks, indicating a strong commitment to shareholder returns.
Conclusion
These buyback announcements underscore the confidence of these tech firms in their future prospects. By reducing their outstanding share counts, these companies aim to boost EPS, which often correlates with rising share prices. While each company has unique motivations and strategies, their collective actions signal a positive outlook for investors.
References
These 3 Tech Stocks Just Supercharged Their Buybacks[1] https://www.investing.com/analysis/these-3-tech-stocks-just-supercharged-their-buybacks-200667054
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