Freshworks Initiates $400 Million Share Buyback Amidst Extended Stock Price Drop

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Freshworks Announces $400 Million Share Buyback Amid Prolonged Stock Decline

Freshworks

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Moneycontrol•26-02-2026, 21:30

Freshworks Announces $400 Million Share Buyback Amid Prolonged Stock Decline

•Freshworks authorizes a $400 million share repurchase program to counter a significant stock price drop.
•The buyback aims to demonstrate confidence in the company's long-term strategy and disciplined capital allocation.
•Shares have fallen from an IPO price of $36 to $7.93, a more than 60% decline over the past year.
•Despite stock woes, Freshworks reported a 16% revenue rise to $838.8 million in 2025 and achieved GAAP profitability.
•CEO Dennis Woodside highlights GAAP profitability in 2025 and a near tripling of free cash flow from 2023.

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