To The Moon

Adobe Stock (ADBE) Gains after Approving New $25B Share Buyback Program $Adobe(ADBE)$ Adobe authorized a new $25 billion stock repurchase program running through 2030. The company says the plan will return value to shareholders and offset dilution from stock issuances. CFO Dan Durn said the buyback reflects confidence in Adobe’s strong cash flow and long‑term strategy. Adobe has authorized a program, signaling confidence in its long‑term growth and cash flow position. This move is expected to support ADBE stock’s price, which has fallen roughly 30% so far in 2026 due to fears that AI agentic tools might replace traditional design software. Shares of the company gained about 2% in the extended trading session. The program, which extends through April 2030, is designed to return value to shareholders, offset dilution from stock-based compensation, and steadily reduce the company’s share count over time. Adobe said it may repurchase stock on the open market or through structured buyback agreements with third parties. The expanded buyback reflects Adobe’s belief that its stock remains undervalued relative to its growth outlook. Management highlighted the company’s healthy balance sheet, robust recurring revenue base, and accelerating adoption of Firefly-powered AI tools across Creative Cloud, Document Cloud, and Experience Cloud. $Reddit(RDDT)$ $Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $JD.com(JD)$