Nutanix Boosts Share Repurchase Authorization to $750 Million

By Chris Stiles • Wednesday, April 08 07:52 • Permanent Link

Nutanix added $750 million to its share repurchase authorization, lifting the total buyback capacity to about $779 million, including roughly $29 million still available under the prior authorization.

The company said the board approved the increase on April 7, 2026. Nutanix said repurchases may be made through open-market purchases, privately negotiated transactions or trading plans under Rule 10b5-1. The company did not set an expiration date for the authorization.

CFO Rukmini Sivaraman said the move reflects confidence in Nutanix’s long-term strategy and financial strength. As a result of these announcements, the company's shares have moved 1.18% on the market, and are now trading at a price of $39.45. For more information, read the company's full 8-K submission here.

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