Life360 Board Approves $225 Million Multi-Year Share Buyback Program
MT Newswires Live
May 18
Life360's (ASX:360) board approved a multi-year share repurchase program of up to $225 million, designed to return capital to shareholders and help offset dilution from stock-based compensation, according to a Monday statement from the company.
The company said repurchases may be made over time in the open market, private transactions, block trades, or other permitted methods at its discretion, with no obligation to buy a set amount and the program subject to modification or suspension at any time.
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