Adobe Approves $25 Billion Share Repurchase Plan Through 2030, Stock Rises 2%

Gate News message, April 22 — Adobe's board approved a $25 billion share repurchase program on April 21 that will run through April 30, 2030. The company's stock rose approximately 2% in extended trading following the announcement.

Adobe shares have declined about 30% this year as investors assess whether new agentic AI tools could reduce demand for traditional software and design products. The buyback plan reflects the company's cash flow position and its view of long-term shareholder value, according to Adobe CFO Dan Durn.

The 2030 end date of the repurchase program suggests Adobe sees the ongoing software industry shift as a multi-year transition. The company has been developing AI agents for business customers and widening partnerships to scale what it calls agentic workflows—AI-led processes designed to handle multi-step tasks.