Adobe Inc. ($ADBE) recently held an Investor Meeting where it addressed concerns regarding its business performance. The company reported that artificial intelligence (AI) has positively impacted its operations, resulting in lower customer churn, higher prices, and a compound annual growth rate (CAGR) of 10% in Creative Cloud seats since 2021. Additionally, Adobe's Chief Financial Officer disclosed that the company entered into share repurchase agreements totaling $3.25 billion in the first quarter and has $14.4 billion remaining of its $25 billion authorization. Over the past four quarters, Adobe has repurchased nearly $11 billion in shares. The company's long-term performance has also been highlighted, with a 5x increase in stock value over the past decade, reflecting an 18% CAGR, despite a reduction in its price-to-earnings (P/E) ratio from approximately 50x to 20x.