FTNT · 8-K · 20261028PR000024
Share Repurchase Program
Fortinet, Inc. · 2026-10-28 · Importance 83 · Surprise 82 · In source text
Fortinet increased its share repurchase authorization by $1.2 billion, leaving $2.0 billion available. It repurchased and retired $972.8 million of common stock during the first nine months of 2026, compared with $2,232.6 million in the year-earlier period. The nine-month 2026 financing cash outflow also included repayment of $500.0 million of senior notes.
Key facts
- Fortinet increased its share repurchase authorization by $1.2 billion, leaving $2 billion of authorization remaining. source
- Fortinet repurchased and retired $972.8 million of common stock in the first nine months of 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Fortinet increased its share repurchase authorization by $1.2 billion, leaving $2 billion of authorization remaining. |
| cash | negative | realized | — | Fortinet repurchased and retired $972.8 million of common stock in the first nine months of 2026. |