#CNBC Salesforce climbs on earnings beat as company commits $50 billion for buybacks

Salesforce climbs on earnings beat as company commits $50 billion for buybacks
Salesforce shares climbed Thursday after the customer service software maker reported healthy results, although its fiscal 2027 revenue view trailed Wall Street projections.

The company has allocated $50 billion for new share buybacks, “because these are some low prices,” CEO Marc Benioff said on a conference call with analysts.

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