Workday Board Authorizes Open-Ended Repurchase of Up to An Additional $4B of Its Outstanding Shares Of Class A Common Stock
Workday welcomed new customers including BWX Technologies, Inc., Guess, KPMG LLP, and S-E-B, and expanded existing relationships with Caterpillar, Delivery Hero (Talibat), Lithia & Driveway, Merck & Co., Inc.,
Workday's board decided the company can buy back up to $4 billion of its own stock if it wants to. This usually means the leadership thinks the stock is a good value right now and the company is doing well.
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