Veeva Systems said on January 5, 2026 its Board of Directors authorized a share repurchase program to repurchase up to $2 billion of Class A common stock.

1. 01

   Veeva Systems said on January 5, 2026 its Board of Directors authorized a share repurchase program to repurchase up to $2 billion of Class A common stock.

2. 02

   The company said it may repurchase shares through open market purchases, privately negotiated transactions, trading plans intended to qualify under Rule 10b5-1, or other means, with the timing and total amount determined at management's discretion and depending on business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations.

3. 03

   Veeva said the share repurchase program has a term of 2 years, does not obligate the company to acquire a specific number of shares of Class A common stock, and may be canceled or suspended at any time without notice.

4. 04

   According to the press release, Chief Financial Officer Brian Van Wagener said the program is Veeva's first-ever share repurchase program and that a healthy balance sheet supports future investments and capital returns to shareholders.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

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Original filing

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