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$25B largest-ever share buyback launched → stock -3.24% on inflation data

Salesforce announced it has begun the initial delivery of approximately 103 million shares under its $25 billion accelerated share repurchase agreement, its largest-ever buyback program. However, the stock declined 3.24% in a broad market selloff following disappointing inflation data, trading near $198. The average 12-month analyst price target remains $276.33 with 39 analysts recommending Buy, suggesting significant upside from current levels; key risks include AI disruption of traditional CRM workflows and competitive pressure from Microsoft and other AI-native tools.

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