Sign in Subscribe
Stock exchanges

Workday Announces $4 Billion Share Repurchase Program and Provides Forward-Looking Guidance on Share Buybacks

Strategic Insights

— 2 min read

Workday, a leading provider of enterprise cloud applications, has announced a significant share repurchase program, authorized by its Board of Directors on September 16, 2025, to repurchase up to an additional $4.0 billion of its outstanding shares of Class A common stock. This program complements Workday's existing share repurchase authorizations, with approximately $1.2 billion remaining available as of July 31, 2025.

The Share Repurchase Program has no expiration date and may be suspended or discontinued at any time. Workday intends to repurchase approximately $5.0 billion of its Class A common stock through fiscal 2027, using various methods including open market purchases, privately negotiated transactions, and trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934.

This announcement includes forward-looking statements related to Workday's share repurchases and the amount and timing of the share buybacks. However, these forward-looking statements are subject to risks, uncertainties, assumptions, and changes in circumstances that could cause actual results to vary from expectations. Workday assumes no obligation to update these forward-looking statements unless required by law.

Key Takeaways:

  • Workday's Board of Directors has authorized the repurchase of up to an additional $4.0 billion of its outstanding shares of Class A common stock through a Share Repurchase Program.
  • The program complements Workday's existing share repurchase authorizations, with approximately $1.2 billion remaining available as of July 31, 2025.
  • Workday intends to repurchase approximately $5.0 billion of its Class A common stock through fiscal 2027.
  • The timing and total amount of share repurchases will depend on business, economic, and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations.
  • Workday may use various methods to repurchase shares, including open market purchases, privately negotiated transactions, and trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934.

Statistics:

  • $4.0 billion: The maximum amount authorized for repurchase under the Share Repurchase Program.
  • $1.2 billion: The remaining amount available for repurchase as of July 31, 2025, under Workday's existing share repurchase authorizations.
  • $5.0 billion: The intended amount to be repurchased through fiscal 2027.
  • FY 2027: The expected fiscal year in which Workday aims to complete the repurchase of approximately $5.0 billion of its Class A common stock.

Sources:

  • Form 8-K (Current Report) filed by Workday, Inc. with the U.S. Securities and Exchange Commission on September 17, 2025.
  • Workday, Inc. (Exact name of registrant as specified in its charter).
  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549.

Read more