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@IsabelLynn 1 month ago

Thoughts on the new Okta buyback program

Thoughts on the new Okta buyback program


it is pretty interesting to see management commit a billion dollars to buy back shares of Okta right now. do you think this move for shows real confidence in their future cash flow or is it just a way to manage market volatility? i would love to hear what other investors think about the timing.

@BrianHoward 1 month ago

honestly it feels like a smart move to stabilize things. okta has had a bit of a rough ride lately so this might help.