Tranche Update on Pure Storage, Inc.'s Equity Buyback Plan announced on August 21, 2019.
August 24, 2021
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From May 3, 2021 to August 1, 2021, the company has repurchased 2,313,000 shares, representing 0.82% for $44.34 million. With this, the company has completed the repurchase of 14,091,430 shares, representing 5.24% for $224.35 million under the buyback announced on August 21, 2019.
Pure Storage, Inc. is a data storage and management company. The Company is focused on delivering a disruptive data storage platform, which supports a range of structured and unstructured data, at scale and across any data workload in hybrid and public cloud environments, and includes mission-critical production, test and development, analytics, disaster recovery, backup and restore, artificial intelligence (AI) and machine learning. Its integrated hardware systems include FlashArray and FlashBlade. Its cloud-native storage includes Portworx by Pure Storage and Portworx Data Services. It delivers modern cloud-oriented services, management and automation to customers across their on-premises, private and public cloud environments. Its cloud operating model is delivered through its Pure Fusion, Evergreen architecture and Pure1 cloud management plane. The Company sells its products and subscription services using a direct sales force and its channel partners.