Box, Inc. (BOX), an intelligent content cloud company, on Thursday said its board authorized an expansion of its share repurchase program.
The company may buyback up to an additional $500 million of its Class A common stock.
The expanded authorization runs through September 30, 2027.
The move follows continued profitable growth and reflects the company's capital allocation strategy aimed at enhancing shareholder value.
Box Inc. closed the regular trading session on March 19, 2026, at $23.86, and down $0.78 or 3.17%. Later, in overnight trading, the share price rose to $24.11, gaining $0.25 or 1.05%, as of 7:59 PM EDT.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.