8-K filed Jan 5, 2026
Veeva Systems authorizes $2B for stock buybacks
“(NYSE: VEEV), a leading provider of industry cloud solutions for the global life sciences industry, today announced that its Board of Directors approved a share repurchase program with authorization to purchase up to $2 billion of shares of its Class A common stock.”
From Veeva Systems’s 8-K filed Jan 5, 2026 · read the filing · all documents
How big is it?
Veeva Systems bought back $473M of stock in the twelve months to Jul 31, 2026. At that pace, $2.0B covers about 4.2 years of buybacks.
The amount equals 120% of its free cash flow over the same twelve months ($1.7B).
Its diluted share count is down 1.6% 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.
Show as table
| Period | Value |
|---|---|
| Q2 '25 | $0 |
| Q3 '25 | $0 |
| Q4 '25 | $0 |
| Q1 '26 | $0 |
| Q2 '26 | $226.9M |
| Q3 '26 | $245.7M |