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Nutanix (NASDAQ: NTNX) lifts share buyback plan to $779M total

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

Rhea-AI Filing Summary

Nutanix, Inc. announced that its Board of Directors has authorized an additional $750 million for its existing common stock repurchase program, bringing total authorization to approximately $779 million, including about $29 million that remained under the prior approval.

The company states that this decision reflects confidence in its long‑term strategy and financial strength, noting that its balance sheet allows it to keep investing in innovation and growth while also returning capital to shareholders in a disciplined way. Nutanix may repurchase shares over time through open market purchases, privately negotiated deals or Rule 10b5‑1 trading plans, with no minimum amount required and no expiration date on the authorization.

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Insights

Nutanix significantly expands buyback capacity, signaling balance sheet strength and capital-return focus.

Nutanix increased its share repurchase authorization by $750 million, taking total capacity to about $779 million. A larger buyback pool gives the company discretion to repurchase stock when it views valuation and market conditions as attractive.

The company explicitly links this move to confidence in its long-term strategy and financial strength, while emphasizing ongoing investment in innovation and growth. Because the authorization has no expiration date and no minimum repurchase requirement, actual activity will depend on future business performance, alternative uses of cash and prevailing stock prices.

The ability to use open market purchases, privately negotiated transactions and Rule 10b5‑1 plans provides operational flexibility. Future disclosures in periodic reports or subsequent announcements would show how much of the $779 million capacity is ultimately deployed and over what timeframe.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
New buyback increase $750 million Additional authorization approved by Board
Total repurchase authorization $779 million Combined current buyback capacity
Remaining prior authorization $29 million Capacity left before new increase
Customer count More than 30,000 customers Worldwide organizations using Nutanix
share repurchase program financial
"its Board of Directors has authorized an increase of $750 million under the Company’s existing 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 regulatory
"including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
hybrid multicloud computing technical
"Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced"
Hybrid multicloud computing is an approach where a business runs applications and stores data across a mix of private systems (owned or dedicated) and multiple public cloud providers, with tools that let those environments work together. For investors, it matters because this flexible setup can lower costs, reduce risk of downtime, and enable faster rollouts of new products—similar to using both a private safe and several rented storage units to balance security, speed and price.
forward-looking statements regulatory
"This release contains express and implied forward-looking statements, including, but not limited to, statements regarding the Company’s share repurchase program"
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.
capital allocation priorities financial
"including the amount of shares that may be repurchased thereunder; the Company’s capital allocation priorities"
Capital allocation priorities are the order in which a company decides to use its financial resources, such as investing in new projects, paying dividends, reducing debt, or saving for future needs. They matter to investors because they influence a company's growth potential and financial stability, helping them understand how the business plans to grow and return value over time. Proper priorities can indicate a well-managed company focused on sustainable success.
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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 7, 2026

_______________________________

NUTANIX, INC.

(Exact name of registrant as specified in its charter)

_______________________________

Delaware001-3788327-0989767
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.)

1740 Technology Drive, Suite 150

San Jose, California 95110

(Address of Principal Executive Offices) (Zip Code)

(408) 216-8360

(Registrant's telephone number, including area code)

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:

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, $0.000025 par value per shareNTNXThe Nasdaq Global Select Market

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 7.01. Regulation FD Disclosure.

On April 7, 2026, Nutanix, Inc. (the “Company”) issued a press release announcing that its Board of Directors has authorized an increase of $750 million under the Company’s existing share repurchase program. A copy of this press release is attached hereto as Exhibit 99.1.

The information provided pursuant to this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission (the “SEC”) thereunder, or the Exchange Act or the rules and regulations of the SEC thereunder, except as shall be expressly set forth by specific reference in such filing or document.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number Description
   
99.1 Press release issued by Nutanix, Inc. on April 7, 2026
   
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

 

SIGNATURE

 

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.

 

 NUTANIX, INC.
   
  
Date: April 7, 2026By: /s/ Rukmini Sivaraman        
  Rukmini Sivaraman
  Chief Financial Officer
  

 

EXHIBIT 99.1

Nutanix Announces $750 Million Increase to Share Repurchase Authorization

SAN JOSE, Calif., April 07, 2026 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its Board of Directors has authorized an increase of $750 million of common stock to the company’s existing share repurchase program. Including approximately $29 million currently remaining under the prior authorization, the total repurchase authorization stands at approximately $779 million.

“This authorization reflects our confidence in Nutanix’s long‑term strategy and financial strength. Our strong balance sheet gives us the flexibility to continue investing in innovation and growth while returning capital to shareholders in a disciplined manner,” said Rukmini Sivaraman, CFO of Nutanix.

Nutanix may repurchase shares from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing and amount of share repurchases will depend upon prevailing stock prices, business and market conditions, corporate and regulatory requirements, alternative investment opportunities and other factors. The authorization has no expiration date and may be modified, suspended or discontinued at any time and does not obligate Nutanix to repurchase any minimum number of shares. No assurance can be given that any particular amount of shares will be repurchased.

About Nutanix

Nutanix is a hybrid multicloud computing leader, offering organizations a unified software platform for running applications, deploying enterprise AI workloads and managing data anywhere. With Nutanix, organizations can simplify operations for traditional and modern applications, freeing them to focus on business goals. Trusted by more than 30,000 customers worldwide, Nutanix helps empower organizations to transform digitally and power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media.

© 2026 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s).

Forward-Looking Statements
This release contains express and implied forward-looking statements, including, but not limited to, statements regarding the Company’s share repurchase program, including the amount of shares that may be repurchased thereunder; the Company’s capital allocation priorities; and statements regarding the Company’s long‑term strategy, financial strength, and ability to continue investing in innovation and growth while returning capital to shareholders in a disciplined manner. These forward-looking statements are not historical facts and are instead based on Nutanix’s current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond Nutanix’s control, and actual results may differ materially and adversely from those anticipated or implied by such statements, including, but not limited to: our ability to make share repurchases; business and market conditions; the possibility that the share repurchase program may be suspended or discontinued; and other risks as detailed in Nutanix’s Annual Report on Form 10-K for the fiscal year ended July 31, 2025 filed with the U.S. Securities and Exchange Commission (the “SEC”) on September 24, 2025 and subsequent filings with the SEC, which should be read in conjunction with this release. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, Nutanix assumes no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.

Investor Contact:
ir@nutanix.com

Media Contact:
pr@nutanix.com

FAQ

What did Nutanix (NTNX) announce about its share repurchase program?

Nutanix announced that its Board approved a new $750 million increase to its existing common stock repurchase program. Including about $29 million remaining from the prior authorization, the total share repurchase capacity now stands at approximately $779 million.

How large is Nutanix’s total authorized share repurchase amount now?

Following the latest Board approval, Nutanix’s total authorized share repurchase capacity is approximately $779 million. This figure includes the newly added $750 million plus roughly $29 million that was still available under the company’s previous authorization.

How will Nutanix (NTNX) execute its expanded share repurchase program?

Nutanix may repurchase shares through open market purchases, privately negotiated transactions, or trading plans designed to qualify under Rule 10b5‑1. All activity will follow applicable securities laws and internal considerations like stock price, market conditions and other corporate priorities.

Does Nutanix have to buy back a minimum number of shares under this authorization?

No. The authorization does not obligate Nutanix to repurchase any minimum number of shares. The program has no expiration date and may be modified, suspended or discontinued at any time, and actual repurchase levels may vary based on future conditions.

What reasons did Nutanix give for increasing its share repurchase authorization?

Nutanix’s CFO said the larger buyback authorization reflects confidence in the company’s long‑term strategy and financial strength. Management highlighted a strong balance sheet that allows continued investment in innovation and growth while returning capital to shareholders in a disciplined way.

How many customers does Nutanix currently serve worldwide?

Nutanix reports that it is trusted by more than 30,000 customers worldwide. These organizations use its hybrid multicloud software platform to run applications, deploy enterprise AI workloads and manage data across diverse IT environments.

Filing Exhibits & Attachments

5 documents