ServiceNow authorizes $5B for stock buybacks

How big is it?

ServiceNow bought back $3.4B of stock in the twelve months to Jun 30, 2026. At that pace, $5.0B covers about 1.5 years of buybacks.

The amount equals 109% of its free cash flow over the same twelve months ($4.6B).

Its diluted share count is down 1.2% from a year earlier.

An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.

Full ServiceNow buyback record →