Salesforce Eyes Record $25B Debt Sale to Fuel Massive Buyback

Salesforce is gearing up for what would be a record-breaking debt offering. The CRM giant plans to raise as much as $25 billion by selling bonds, with the proceeds earmarked for buying back its own stock.

The move ties directly to the company's $50 billion stock buyback program announced back in February. That's not a typo — fifty billion dollars in share repurchases, funded in large part by taking on fresh debt.

It's a classic big-tech financial engineering play: borrow cheap, buy back shares, boost earnings per share, and keep Wall Street happy. The scale here is remarkable even by enterprise software standards.

If the deal goes through at the reported size, it would rank among the largest corporate bond offerings in recent memory. Salesforce clearly isn't shy about leveraging its balance sheet to return capital to shareholders.