Salesforce Files 8-K on Operations and Other Events

TL;DR

**Salesforce just dropped an 8-K on February 28, 2024, updating on their operations and other key events, so keep an eye out for details!**

AI Summary

Salesforce, Inc. filed an 8-K on February 28, 2024, reporting on 'Results of Operations and Financial Condition' and 'Other Events'. This filing indicates that Salesforce, Inc. is providing an update on its financial performance and other significant occurrences, as required by the Securities Exchange Act of 1934. The company, incorporated in Delaware with SEC File Number 001-32224, has its business address at Salesforce Tower, 415 Mission Street, 3rd Fl, San Francisco, CA 94105.

Why It Matters

This 8-K filing provides investors with current information regarding Salesforce's financial condition and other material events, which can influence investment decisions and market perception.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of operational results and other events, not indicating any immediate negative or positive financial impact without further details.

Key Players & Entities

• Salesforce, Inc. (company) — Registrant
• February 28, 2024 (date) — Date of Report
• Delaware (company) — State of incorporation
• 001-32224 (dollar_amount) — SEC File Number
• 94-3320693 (dollar_amount) — IRS Number

FAQ

Key Financial Figures

• $0.001 — ich registered Common Stock, par value $0.001 per share CRM New York Stock Exchange
• $0.40 — he Company announced a cash dividend of $0.40 per share of the Company's outstanding
• $8.0 billion — . As of January 31, 2024, approximately $8.0 billion remained available and authorized for r
• $10.0 billion — 4, the Company announced an increase of $10.0 billion in the amount authorized for repurchase

Filing Documents

• crm-20240228.htm (8-K) — 30KB
• crm-q4fy24xexhibit991.htm (EX-99.1) — 578KB
• 0001108524-24-000002.txt ( ) — 774KB
• crm-20240228.xsd (EX-101.SCH) — 2KB
• crm-20240228_lab.xml (EX-101.LAB) — 25KB
• crm-20240228_pre.xml (EX-101.PRE) — 13KB
• crm-20240228_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On February 28, 2024, Salesforce, Inc. (the "Company") issued a press release announcing its results for the fiscal quarter and fiscal year ended January 31, 2024. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. The information furnished with this Item 2.02, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. Section 8 – Other Events

01 Other Events

Item 8.01 Other Events. On February 28, 2024, the Company announced a cash dividend of $0.40 per share of the Company's outstanding common stock, payable on April 11, 2024 to stockholders of record as of the close of business on March 14, 2024. The Company's Board of Directors previously authorized a program to repurchase the Company's common stock (the "Share Repurchase Program"). The Share Repurchase Program commenced in August 2022, does not have a fixed expiration date and does not obligate the Company to acquire any specific number of shares. As of January 31, 2024, approximately $8.0 billion remained available and authorized for repurchase under the Share Repurchase Program. On February 28, 2024, the Company announced an increase of $10.0 billion in the amount authorized for repurchases under the Share Repurchase Program. Under the Share Repurchase Program, shares of common stock may be repurchased using a variety of methods, including privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act, as part of accelerated share repurchases and other methods. The timing, manner, price and amount of any repurchases are determined by the Company in its discretion and depend on a variety of factors, including legal requirements, price and economic and market conditions. Section 9 – Financial Statements and Exhibits

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release dated February 28, 2024 104 Cover Page Interactive Data File—the cover page XBRL tags are embedded within the Inline XBRL document Signature Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 28, 2024 Salesforce, Inc. /s/ Sundeep Reddy Sundeep Reddy Executive Vice President, Chief Accounting Officer (Principal Accounting Officer)

View Full Filing

View this 8-K filing on SEC EDGAR