Adobe announces $25 billion stock buyback amid AI disruption fears

April 21 (Reuters) - Adobe (ADBE.O), opens new tab on Tuesday announced a share repurchase program worth up to $25 billion ​through April 30, 2030, as the Photoshop maker seeks ‌to reassure investors of its growth strategy amid the rise of creative autonomous tools.

Its shares rose around 2% in extended trading, ​but the stock has fallen around 30% this year ​as investors weigh the effects of new agentic ⁠models that many fear could hamper demand for traditional ​software and design products such as those provided by Adobe.