Cognizant Announces $2B Buyback Plan

Cognizant Technology Solutions Corporation Class A

Cognizant Technology Solutions Corporation Class A

CTSH

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Cognizant (NASDAQ:CTSH), a leading AI builder and technology services provider, today announced that its Board of Directors has authorized a $2 billion increase to its existing share repurchase program, and that it has increased its share repurchase target for 2026 to $2 billion, an increase of $1 billion over its prior expectation. The additional $1 billion in share repurchases are expected to be completed during the second quarter of 2026.

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