The Board of Directors has authorized a total of $3.45 billion for share repurchases, including a new $2 billion increase.
Filing excerpt
On May 18, 2026, Cognizant Technology Solutions Corporation (the “Company”) issued a press release announcing that the Board of Directors approved an increase of $2 billion to the amount authorized under the Company’s existing stock repurchase program.
What this signalsFilings often name leadership changes, deals and spending plans.
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This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/eb20de96-ffa5-42cb-ac15-1682dbc455d7 returns this record as JSON. POST /v1/companies/enrich returns every signal for cognizant.com.
{
"signal_id": "eb20de96-ffa5-42cb-ac15-1682dbc455d7",
"signal_type": "sec-8k",
"signal_subtype": "boardChange",
"detected_at": "2026-05-19T10:14:18.385+00:00",
"company": {
"name": "Cognizant",
"domain": "cognizant.com"
},
"data": {
"detail": "The Board of Directors has authorized a total of $3.45 billion for share repurchases, including a new $2 billion increase. This indicates the company has significant cash reserves and is confident in its financial outlook, creating potential budget for strategic investments in efficiency and growth.",
"metrics": {
"timeframe": "current_quarter",
"dollar_context": "Increase to stock repurchase program authorization",
"dollar_millions": 2000
},
"summary": "Board approves $2B increase to stock repurchase program, signaling strong financial health",
"excerpts": "On May 18, 2026, Cognizant Technology Solutions Corporation (the “Company”) issued a press release announcing that the Board of Directors approved an increase of $2 billion to the amount authorized under the Company’s existing stock repurchase program.",
"relevance": 0.75,
"sentiment": "positive",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/1058290/000105829026000018/ctsh-20260517.htm",
"filing_date": "2026-05-18",
"filing_year": 2026,
"fiscal_year_end": "05/17",
"sales_relevance": "Strategic direction shift",
"signal_category": "leadership"
}
}
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