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67 Salesforce Raises $25 Billion in Bonds for Buyback

The Information
Martin Peers @ The Information 2 place · today 12:02 EDT

Salesforce raised $25 billion in bonds, the company confirmed, and has struck deals with “financial institutions” to buy back that much in stock. A $25 billion buyback would shrink Salesforce’s outstanding shares by about 13%. Salesforce shares were trading up 3.4% on Thursday morning. Such ...

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