MongoDB adds $1 billion to share repurchase authorization, hosts Investor Day
MongoDB is expanding its capacity to buy back stock. In a Tuesday 8-K, the company said its board on Sept. 25 authorized an additional $1.0 billion in repurchases under the existing share repurchase program, bringing aggregate authorized repurchases to $2.0 billion. As of the filing date, $1,353,700,000 remained available for future repurchases. Shares closed Tuesday at $337.19, up about 0.8% on the session and down roughly 16% year to date.
Repurchases may be made from time to time in open-market or privately negotiated transactions, the filing said. Timing depends on factors including market conditions and prices and management’s discretion. The company may suspend, terminate, or modify the program at any time for reasons including market conditions, repurchase cost, alternative investment opportunities, liquidity, and other factors it deems appropriate. MongoDB said it is not obligated to purchase any dollar amount or particular number of shares.
Separately under Item 7.01, MongoDB said it hosted an Investor Day on Sept. 29 via webcast, where leadership discussed strategies to drive sustainable growth and deliver long-term shareholder value. Presentation materials used at the event were furnished as Exhibit 99.1.
By the numbers
- Additional authorization: $1.0 billion (Sept. 25 board action)
- Aggregate authorized: $2.0 billion
- Remaining available (as of filing): $1.3537 billion
- MDB Tuesday close: $337.19 (+0.8% day; −15.6% YTD)
Sources
- MongoDB, Inc. Form 8-K (Items 7.01, 8.01, 9.01), accepted Sept. 29, 2026 5:15:25 p.m. ET, accession 0001628280-26-063850
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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