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Publication Date: 2025-08-27 07:00:00
Increases Repurchase Authorization by $350 Million of Common Stock
SAN JOSE, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) — Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its Board of Directors has authorized an increase of $350 million of common stock to the company’s existing share repurchase program. Including approximately $111 million remaining under the prior authorization as of July 31, 2025, the total repurchase authorization stands at $461 million.
“We remain focused on investing in our business to support profitable growth and on delivering strong returns for shareholders. This increase to our share repurchase program is consistent with these objectives and a reflection of the confidence we have in our long-term market opportunity and financial outlook,” said Rukmini Sivaraman, CFO of Nutanix.
Nutanix may repurchase shares from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing and amount of share repurchases will depend upon prevailing stock prices, business and market conditions, corporate and regulatory requirements, alternative investment opportunities and other factors. The authorization has no expiration date and may be…
