09:58 AM EDT, 03/16/2026 (MT Newswires) -- Salesforce ( CRM ) said Monday it initiated the prepayment and initial delivery of roughly 103 million shares under its $25 billion accelerated share repurchase agreements.

The transaction executes half of the $50 billion aggregate buyback authorization approved by the board in February, and the initial equity distribution accounts for about 80% of the total anticipated buybacks based on the March 11 closing stock price, the company said.

The expected repurchase volume will be calculated using the volume-weighted average stock price throughout the transaction period minus an applied discount, Salesforce ( CRM ) said.

The company also said it expects the final settlement to conclude during Q3 or Q4 of fiscal 2027.

Shares of the company were up 1.9% in recent Monday trading activity.

Price: 196.50, Change: +3.70, Percent Change: +1.92