Stock Repurchase Program

12 Months Ended

Jan. 31, 2022

Equity [Abstract]

Stock Repurchase Program

Stock Repurchase Program Autodesk has a stock repurchase program that is used to offset dilution from the issuance of stock under the Company’s employee stock plans and for such other purposes as may be in the interests of Autodesk and its stockholders, which has the effect of returning excess cash generated from the Company’s business to stockholders. Autodesk repurchased and retired

approximately 4.0 million shares in fiscal 2022 at an average repurchase price of $275.50 per share, 2.6 million shares in fiscal 2021 at an average repurchase price of $207.61 per share, and 2.7 million shares in fiscal 2020 at an average repurchase price of $168.63 per share.

At January 31, 2022, 8.1 million shares remained available for repurchase under the repurchase program approved by the Board of Directors. The share repurchase program does not have an expiration date and the pace and timing of repurchases will depend on factors such as cash generation from operations, available surplus, the volume of employee stock plan activity, cash requirements for acquisitions, economic and market conditions, stock price and legal and regulatory requirements.