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19.03.26 - 21:36
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Box Announces New $500 Million Share Repurchase Program (Business Wire)
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REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX), the leading Intelligent Content Management platform, today announced that its Board of Directors authorized an expansion of its share repurchase program under which Box may repurchase up to an additional amount of $500 million of its outstanding Class A common stock through September 30, 2027.
“The profitable growth we delivered in fiscal 2026 demonstrates the success of our Intelligent Content Management platform strategy. Going forward, we expect to continue improving our revenue growth rate and free cash flow margin,” said Dylan Smith, co-founder and CFO of Box. “We have built the operational engine to deliver long-term profitable growth and, with our disciplined capital allocation strategy, we are well positioned to create significant shareholder value for years to come.”
Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties, and assumptions, including statements regarding...
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03.03.26 - 22:06
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Box Reports Fourth Quarter and Fiscal 2026 Financial Results (Business Wire)
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Fourth Quarter Revenue of $306 Million and Fiscal 2026 Revenue of $1.18 Billion
Fourth Quarter Remaining Performance Obligations of $1.7 Billion, up 17% Year-Over-Year, up 16% in Constant Currency
Fourth Quarter GAAP Operating Margin of 10.2% and Non-GAAP Operating Margin of 30.6%
Fourth Quarter GAAP Net Income Per Share of $0.47 and Non-GAAP Net Income Per Share of $0.49REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX), the leading Intelligent Content Management (“ICM”) platform, today announced preliminary financial results for the fourth quarter and fiscal year 2026, which ended January 31, 2026.
“Fiscal 2026 was a defining year for Box, as we executed on the launch of Enterprise Advanced, delivering customers our most powerful capabilities around advanced AI and intelligent workflow automation, all anchored in a secure platform,” said Aaron Levie, co-founder and CEO of Box. “Enterprise Advanced customers already account for 10% of revenue, as customers looking to leverage the power...
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