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Intuit Inc. announced that its founder and executive leadership team have terminated all outstanding pre-scheduled…

INTUIntuit Inc.

Intuit Inc. announced that its founder and executive leadership team have terminated all outstanding pre-scheduled Rule 10b5-1 stock sales plans. The company also reiterated its intent to accelerate share repurchases using up to $3.5 billion in remaining authorization, noting that it repurchased $1.8 billion in shares during the first half of the fiscal year, a 40 percent increase compared to the prior year.

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