Adobe Still Has $24.5 Billion Left for Buybacks. That's About a Quarter of the Company.

The Globe and Mail
Adobe Still Has $24.5 Billion Left for Buybacks. That's About a Quarter of the Company.
Adobe has a substantial $24.55 billion remaining in its $25 billion stock buyback authorization, representing about 26% of the company's current market value. Despite a tough year for its stock, Adobe has been actively repurchasing shares, with buybacks funded by operational cash flow significantly contributing to earnings per share growth. The article suggests that the buyback program makes the stock more attractive, especially given its current valuation.
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