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0 0 -0.000143781452192536 -0.000143781452192536 -0.000287562904385277 -0.00287562904385318 -0.00287562904385318 -0.00287562904385318
Stock impact report

Pure Storage Buyback Signals Confidence After Strong Multi Year Share Gains [Yahoo! Finance]

Pure Storage, Inc. Class A (PSTG) 
Last pure storage, inc. class a earnings: 2/27 04:02 pm Check Earnings Report
US:NYSE Investor Relations: investor.purestorage.com
Company Research Source: Yahoo! Finance
Pure Storage (NYSE:PSTG) has authorized a new $400 million share repurchase program, the largest in its history. The authorization supplements remaining funds in the company's prior buyback program. The move signals management's focus on returning capital to shareholders. Pure Storage, trading at $72.61, has delivered a 3 year return of 139.9% and a 5 year return of 169.9%. Over the past month, the stock is up 7.1%, with a 7 day return of 1.7%. For investors tracking performance, the value_score of 3 may be one reference point alongside these returns. The new $400 million authorization, in addition to the existing program, gives Pure Storage more flexibility in how it manages its share count over time. For you as an investor, it is one more data point about how management currently views the company's financial position and capital allocation priorities. Stay updated on the most important news stories for Pure Storage by adding it to your watchlist or portfolio . Alternativ Show less Read more
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