STOCK TITAN

CrowdStrike (NASDAQ: CRWD) lifts share repurchase authorization to $1.5B

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

CrowdStrike Holdings, Inc. expanded its share repurchase authorization, as the Board approved up to an additional $500 million of common stock buybacks, bringing the total share repurchase program to $1.5 billion.

Under the existing program, CrowdStrike has already repurchased 413,130 Class A shares at an average price of $364.57, for a total of $150.6 million. The program has no fixed end date, and repurchases may be executed opportunistically via open market purchases, privately negotiated transactions and Rule 10b5-1 trading plans, depending on legal, market and economic conditions.

CFO Burt Podbere cited a “record Q4 FY26,” AI-driven business momentum, and a perceived disconnect with the company’s valuation as reasons for the buybacks, tying the program to CrowdStrike’s longer-term ambition of reaching $20 billion in ending ARR by FY36.

Positive

  • Expanded capital return via buybacks: Board approval of an additional $500 million in repurchase capacity, bringing the total share repurchase authorization to $1.5 billion, signals confidence in the business and offers potential EPS support if executed.

Negative

  • None.

Insights

CrowdStrike expands a sizable, flexible $1.5B buyback program.

CrowdStrike increased its share repurchase authorization by $500 million, lifting total capacity to $1.5 billion. Management links this to strong recent performance and AI-related momentum, suggesting they view the current share price as attractive for buybacks.

To date, the company has repurchased 413,130 Class A shares for $150.6 million at an average of $364.57 per share. The authorization has no fixed expiration, allowing repurchases over time using open market trades, private transactions, or Rule 10b5-1 plans.

The CFO also referenced a long-term goal of reaching $20 billion in ending ARR by FY36, framing the buyback as part of a broader capital allocation strategy. Actual impact for shareholders will depend on future execution and how aggressively the remaining authorization is used.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
New buyback increase $500 million Additional authorization approved by Board
Total buyback authorization $1.5 billion Aggregate share repurchase capacity after increase
Shares repurchased 413,130 shares Class A common stock already repurchased
Average repurchase price $364.57 per share Average price paid for repurchased shares
Repurchase spend to date $150.6 million Aggregate purchase price for completed buybacks
Long-term ARR goal $20 billion Target ending ARR by FY36 mentioned by CFO
share repurchase program financial
"bringing the Company’s total repurchase authorization to $1.5 billion (together, the “Share Repurchase Program”)."
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
Rule 10b5-1 trading plans regulatory
"Repurchases may be made from time to time using a variety of methods, including open market purchases, privately negotiated transactions, Rule 10b5-1 trading plans and other means."
Rule 10b5-1 trading plans are written, pre-arranged instructions that allow company insiders (such as executives or directors) to automatically buy or sell their company's stock at specified times or under set conditions, like a standing instruction or automated thermostat for trades. They matter to investors because these plans provide a legal defense against insider‑trading accusations and create predictable insider trading patterns that can help signal whether sales are routine portfolio management or potentially meaningful to the company’s outlook.
forward-looking statements regulatory
"This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding CrowdStrike’s future growth and future financial and operating performance"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Annual Report on Form 10-K regulatory
"including the risks and uncertainties included in our filings with the Securities and Exchange Commission, particularly under the caption “Risk Factors” in our most recently filed Annual Report on Form 10-K."
An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.
ending ARR financial
"as we progress toward our goal of reaching $20 billion in ending ARR by FY36."
0001535527false00015355272026-04-062026-04-06

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 6, 2026
CrowdStrike Holdings, Inc.
(Exact name of registrant as specified in its charter)
______________________________________________________________________________________________________
Delaware001-3893345-3788918
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
206 E. 9th Street
Suite 1400
Austin, Texas 78701
(Address of principal executive office, including zip code)
Registrant’s telephone number, including area code: (888) 512-8906
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8‑K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a‑12 under the Exchange Act (17 CFR 240.14a‑12)
Pre-commencement communications pursuant to Rule 14d‑2(b) under the Exchange Act (17 CFR 240.14d‑2(b))
Pre-commencement communications pursuant to Rule 13e‑4(c) under the Exchange Act (17 CFR 240.13e‑4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading
Symbol(s)
Name of each exchange on which registered
Class A common stock, $0.0005 par valueCRWDThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b‑2 of the Securities Exchange Act of 1934 (§ 240.12b‑2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.




Item 8.01 Other Events.
On April 6, 2026, the Company announced that its Board of Directors has approved the repurchase of up to an additional $500 million of the Company’s common stock, bringing the Company’s total repurchase authorization to $1.5 billion (together, the “Share Repurchase Program”). Under the Share Repurchase Program, the Company has repurchased 413,130 shares of its outstanding Class A common stock at an average price of $364.57 per share, for an aggregate purchase price of $150.6 million.
The Share Repurchase Program does not have a fixed expiration date and does not obligate the Company to acquire any specific number of shares. Repurchases may be made from time to time using a variety of 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 by the Company in its discretion and will depend on a variety of factors, including legal requirements, price and economic and market conditions. The Company currently expects to use the Share Repurchase Program opportunistically depending on the market price of the common stock and other factors, and there can be no assurance that any shares will be repurchased under the Share Repurchase Program.
Forward-Looking Statements
This Form 8-K contains forward-looking statements that involve risks and uncertainties, including statements regarding the Share Repurchase Program and the factors that will impact the amount and timing of purchases, if any, thereunder. A number of factors could cause outcomes to differ materially from our statements, including the risks and uncertainties included in our filings with the Securities and Exchange Commission, particularly under the caption “Risk Factors” in our most recently filed Annual Report on Form 10-K. Accordingly, you should not place undue reliance on these forward-looking statements. All forward-looking statements are based on information currently available to us, and we do not assume any obligation to update any statement to reflect changes in circumstances or our expectations.
2


Item 9.01    Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description of Exhibit
99.1
Press release dated April 6, 2026
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

3


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CrowdStrike Holdings, Inc.
Date: April 6, 2026/s/ Burt W. Podbere
Burt W. Podbere
Chief Financial Officer

4

CrowdStrike Announces $500 Million Increase to Share Repurchase Program

AUSTIN, Texas – Apr. 6, 2026 – CrowdStrike Holdings, Inc. (Nasdaq: CRWD) today announced that CrowdStrike’s Board of Directors has authorized the repurchase of up to an additional $500 million of CrowdStrike’s Class A common stock to its existing stock repurchase program, bringing the total authorization under the program to $1.5 billion.
Under its existing share repurchase program, CrowdStrike has repurchased 413,130 shares of its outstanding Class A common stock at an average price of $364.57 per share, for an aggregate purchase price of $150.6 million.
“We repurchased $150.6 million of shares following our record Q4 FY26, as we see a growing disconnect between our improving momentum fueled by AI tailwinds and our current valuation,” said Burt Podbere, CrowdStrike’s CFO. “We have increased our share repurchase authorization to $1.5 billion to opportunistically return value to shareholders as we progress toward our goal of reaching $20 billion in ending ARR by FY36.”
The share repurchase program does not have a fixed expiration date and does not obligate CrowdStrike to acquire any specific number of shares. Repurchases may be made from time to time using a variety of 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 by CrowdStrike in its discretion and will depend on a variety of factors, including legal requirements, price and economic and market conditions. CrowdStrike currently expects to use the share repurchase program opportunistically depending on the market price of the common stock and other factors, and there can be no assurance that any shares will be repurchased under the share repurchase program.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding CrowdStrike’s future growth and future financial and operating performance, the share repurchase program and the factors that will impact the amount and timing of purchases, if any, thereunder. A number of factors could cause outcomes to differ materially from our statements, including the risks and uncertainties included in our filings with the Securities and Exchange Commission, particularly under the caption “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recently filed Annual Report on Form 10-K. Accordingly, you should not place undue reliance on these forward-looking statements. All forward-looking statements are based on information currently available to us, and we do not assume any obligation to update any statement to reflect changes in circumstances or our expectations.
About CrowdStrike Holdings
CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.



Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.
Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.
CrowdStrike: We stop breaches.
For more information, please visit: ir.crowdstrike.com
© 2026 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.
Investor Relations Contact
CrowdStrike Holdings, Inc.
Andrew Nowinski
investors@crowdstrike.com
669-721-0742

FAQ

What did CrowdStrike (CRWD) announce in its latest Form 8-K?

CrowdStrike announced that its Board approved an additional $500 million for its share repurchase program, raising total authorization to $1.5 billion. The company frames this as a flexible, opportunistic way to return capital based on market conditions.

How many CrowdStrike shares have been repurchased so far under the program?

CrowdStrike has repurchased 413,130 shares of its Class A common stock under the program. These were bought at an average price of $364.57 per share, for a total outlay of $150.6 million in completed repurchases to date.

What is the total size of CrowdStrike’s share repurchase authorization now?

After the latest increase, CrowdStrike’s total share repurchase authorization stands at $1.5 billion. This reflects the original authorization plus the newly approved $500 million, giving the company substantial capacity for future buybacks if conditions are favorable.

Does CrowdStrike’s share repurchase program have an expiration date?

The share repurchase program has no fixed expiration date. CrowdStrike may choose when and how much stock to repurchase over time, using methods such as open market purchases, privately negotiated transactions, and Rule 10b5-1 trading plans.

Why is CrowdStrike increasing its share repurchase authorization?

CFO Burt Podbere cited a “record Q4 FY26,” AI-driven momentum and a perceived disconnect with CrowdStrike’s valuation. He connected the larger $1.5 billion authorization to returning value to shareholders while progressing toward a goal of $20 billion in ending ARR by FY36.

Is CrowdStrike obligated to buy back the full $1.5 billion of stock?

CrowdStrike is not obligated to repurchase any specific number of shares under the program. The timing, price, and total amount of buybacks will depend on legal requirements, economic and market conditions, and the company’s discretionary capital allocation decisions.

Filing Exhibits & Attachments

4 documents