TLDR Tech / IT
Salesforce Issues 25 billion in Bonds to Finance 50 billion Share Buyback
Salesforce is funding a massive $50 billion share repurchase program to reverse acquisition-driven dilution and signal confidence despite AI-related sector headwinds. CEO Marc Benioff views the current undervaluation as a prime opportunity to restore shareholder value, joining peers like ServiceNow and SAP in leveraging debt to capitalize on the SaaS market downturn.
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