Adobe Inc. (NASDAQ: ADBE) announced its board of directors has authorized a new stock repurchase program allowing the company to buy back up to $25 billion in common stock through April 30, 2030.

The program permits Adobe to repurchase shares through open market transactions and structured repurchase agreements with third parties. The company stated the program aims to return value to stockholders, minimize dilution from stock issuances, and reduce share count over time.

"Our new $25 billion share repurchase authorization is a direct expression of confidence in our robust cash flow and the long-term value we are delivering to investors," said Dan Durn, executive vice president and CFO at Adobe.

Adobe also announced it will host an investor session on April 21, 2026, at 2:00 p.m. Pacific Time during Adobe Summit in Las Vegas. The company's executive team will discuss strategy and product innovations during the event, which will be streamed live on Adobe's investor relations website.

The San Jose, California-based software company develops creative and productivity platforms and tools for individuals and businesses. Information for this article was based on a company press release.