Palo alto says on feb 26, entered into accelerated share repurchase agreement with msco to repurchase about $1.0 billion of co's common stock

Palo alto - on feb 26, entered into accelerated share repurchase agreement with msco to repurchase about $1.0 billion of co's common stock.palo alto- under asr, co will make payments of about $1 billion to morgan stanley & receive initial delivery of about 4.2 million shares.palo alto networks inc - final settlement of transactions under asr contract is expected to occur during fourth fiscal quarter of 2020.
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