Intuit Accelerates Buyback Plan, Aiming to Utilize $3.5 Billion
The company states in an 8K filing: "On March 16, 2026, Intuit announced that its founder and its executive leadership team terminated all of their outstanding pre-scheduled stock sales plans established under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The Company also reiterated its intent to substantially accelerate repurchases under its share repurchase plan to utilize up to $3.5 billion that remained under its board authorization at January 31, 2026. In the first half of its fiscal year, the Company repurchased $1.8 billion of Intuit shares, a 40 percent increase compared to prior year."
