The company announced on Tuesday that the board approved a share buyback program that runs until April 30, 2030.
“Our new $25 billion share repurchase authorization is a direct expression of confidence in our robust cash flow and the long-term value we deliver to investors,” said Adobe CFO Dan Durn.
The company's stock has fallen about 30 percent this year.
Investors are weighing the implications of new AI-based tools that many believe could reduce demand for traditional software and design products, such as those provided by Adobe.
Adobe's stock rose 2.1 percent in after-hours trading on the New York Stock Exchange after the news of the buyback program.





