Feb. 18 at 9:27 PM
$AMPL Amplitude boosts share buyback authorization by an additional
$100M
The Board of Directors approved an increase to the Company's share repurchase program, authorizing the repurchase of up to an additional
$100 million of the Company's Class A common stock, effective immediately. The share repurchase program authorizes the repurchase of up to an additional
$100 million of the Company's outstanding Class A common stock, which is in addition to the previous authorization.
Purchases under the share repurchase program may be made from time to time, in such amounts as management deems appropriate, through a variety of methods, which may include open market purchases, privately negotiated transactions, block trades, accelerated share repurchase transactions, purchases through 10b5-1 trading plans, or by any combination of such methods. The timing and amount of any repurchases pursuant to the share repurchase program will be determined based on market conditions, share price, and other factors. The share repurchase program does not have an expiration date, does not require the Company to repurchase any specific number of shares of its Class A common stock, and may be modified, suspended, or terminated at any time without notice.
