As of the end of second quarter of fiscal year 2022, C3 AI had approximately $1.1 billion in cash, cash equivalents, and investments on the balance sheet. Under the program, purchases can be made from time to time using a variety of methods, including open market purchases, all in compliance with the rules of the Securities and Exchange Commission and other applicable legal requirements. The program does not obligate C3 AI to acquire any particular amount of shares, and the repurchase program may be modified, extended, suspended or discontinued at any time at the company's discretion. About C3 AI C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Suite, an end-to-end platform for developing, deploying, and operating enterprise AI applications and C3 AI Applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally.