CrowdStrike Announces \$500 Million Increase to Share Repurchase Program, Raising Authorization to \$1.5 Billion
AUSTIN, Texas – April 6, 2026 – CrowdStrike Holdings, Inc. (NASDAQ: CRWD), a leading global cybersecurity firm, has announced a significant increase to its share repurchase program, a move that is likely to capture investor attention and could impact the company’s share price.
Key Highlights
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Share Repurchase Authorization Increased: The Board of Directors has authorized the repurchase of up to an additional \$500 million of CrowdStrike’s Class A common stock. This brings the total share repurchase authorization to \$1.5 billion.
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Recent Share Repurchases: Under the existing share repurchase program, CrowdStrike has already repurchased 413,130 shares of its outstanding Class A common stock at an average price of \$364.57 per share, totaling approximately \$150.6 million.
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Purpose and Strategy: CFO Burt Podbere noted that the increased authorization is part of an ongoing strategy to “opportunistically return value to shareholders” as the company works towards its ambitious goal of reaching \$20 billion in ending ARR (Annual Recurring Revenue) by FY36.
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Repurchase Details: The share repurchase program does not have a fixed expiration date, nor does it obligate CrowdStrike to acquire any specific number of shares. Repurchases may occur through various methods, including open market purchases, privately negotiated transactions, Rule 10b5-1 trading plans, and other means. The timing, manner, price, and amount of any repurchases will be determined at the company’s discretion, based on legal requirements, market conditions, and the market price of the stock.
Why This Matters for Shareholders
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Potential Price Impact: Share buybacks can be highly price-sensitive events. By reducing the number of shares outstanding, buybacks generally increase earnings per share (EPS) and can signal management confidence in the company’s valuation and future prospects. The expanded authorization to \$1.5 billion gives CrowdStrike significant flexibility to support its share price in the open market.
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Opportunistic Purchases: The company’s stated intent to act “opportunistically” means buybacks may be timed to periods when management believes the stock is undervalued, which can further support the share price and investor sentiment.
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No Assurances: While the authorization is substantial, the company cautions that there can be no assurance any shares will be repurchased under the program. Future repurchases will depend on market conditions, the company’s financial position, and other factors.
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Long-term Growth Focus: Management’s reiteration of its \$20 billion ARR target by FY36 signals continued confidence in the company’s long-term growth trajectory, which may be encouraging for long-term investors.
Forward-Looking Statements
This announcement contains forward-looking statements, including CrowdStrike’s future growth outlook, the execution and timing of share repurchases, and overall financial and operating performance. Actual results may differ materially due to a variety of risks and uncertainties, including those detailed in the company’s most recent filings with the Securities and Exchange Commission (SEC), particularly under “Risk Factors” in the Annual Report on Form 10-K. Investors should not place undue reliance on these forward-looking statements, and CrowdStrike undertakes no obligation to update them.
About CrowdStrike Holdings
CrowdStrike (NASDAQ: CRWD) is a global leader in cybersecurity, providing an advanced cloud-native platform that protects against risks to endpoints, cloud workloads, identity, and data.
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Disclaimer: This article is for informational purposes only and is not investment advice. Forward-looking statements involve risks and uncertainties. Investors should consult official SEC filings and consider their own circumstances before making investment decisions. The author and publisher assume no responsibility for any actions taken based on this information.
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