Fortinet said its Board of Directors on August 21, 2025 increased the share repurchase program by $1 billion, raising the total authorized repurchase amount to up to $9.25 billion.

1. 01

   Fortinet said its Board of Directors on August 21, 2025 increased the share repurchase program by $1 billion, raising the total authorized repurchase amount to up to $9.25 billion.

2. 02

   The company said its Board of Directors on August 21, 2025 extended the share repurchase program from February 28, 2026 to February 28, 2027.

3. 03

   Fortinet said approximately $1.23 billion remained available under the existing program as of August 21, 2025, including the $1 billion increase.

4. 04

   Repurchases may be made through privately negotiated transactions or open market transactions, including under a trading plan. The company said the program does not obligate it to acquire any particular amount of its common stock and may be suspended at its discretion.

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