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Adobe announces ₹2.34 lakh crore stock buyback amid AI disruption fears
short by Vaishnavi Mishra / on Wednesday, 22 April, 2026
Adobe on Tuesday announced the company will repurchase up to $25 billion (₹2.34 lakh crore) in common stock through April 30, 2030. The move comes as the Photoshop maker seeks ‌to reassure investors of its growth strategy amid the rise of AI ⁠models that could hamper demand for traditional design products. Notably, Adobe stock has fallen around 30% this year.
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