Overview
- Workday entered a definitive agreement to acquire Sweden-based Sana for about $1.1 billion to integrate AI-powered knowledge, search and learning into its platform, with closing targeted by Jan. 31, 2026.
- Elliott Investment Management disclosed a stake of more than $2 billion and publicly endorsed CEO Carl Eschenbach, CFO Zane Rowe and the company’s multi‑year plan.
- The board authorized approximately $5 billion in share repurchases through fiscal 2027, expanding the buyback program by $4 billion.
- At Workday Rising, the company launched Workday Build and the low‑code Flowise Agent Builder and previewed roughly a dozen prebuilt agents across HR, finance and education.
- Management reset subscription growth targets to 13%–14% CAGR through fiscal 2028 and raised goals to around 35% operating margin and about $15 free cash flow per share, with shares rising roughly 7%–10% intraday on the news.