Adobe Retains $24.5 Billion for Buybacks After Aggressive Fiscal 2026 Activity

Key Facts

1Adobe repurchased 26.1 million shares for $6.82 billion in the nine months ending August 28.

2The company's diluted share count dropped approximately 7% from the year-ago quarter in fiscal Q3.

Adobe repurchased 26.1 million shares for $6.82 billion during the nine months ending August 28, 2026. The Motley Fool reported that the company's diluted share count decreased by approximately 7% in the fiscal third quarter compared to the same period last year. Following this activity, Adobe retains a remaining authorization of $24.5 billion for future share repurchases, representing a significant portion of its total market value.

ADBE closed at $237.69 on October 2, 2026, with the stock trading between a low of $236.88 and a high of $243.92 during that session. The company continues to utilize its cash reserves to reduce share count and return value to shareholders, supported by the substantial buyback capacity established earlier in the fiscal year.