Coinbase board approves $1 billion share buyback plan
2024-10-31 05:03:43
Coinbase announced that its board of directors has authorized and approved a share repurchase program in October 2024 that allows the repurchase of up to $1 billion of the company's Class A common stock with no expiration date. The exact timing and amount of the repurchase will depend on market conditions.
The company added that the repurchases would be at its discretion and that it had no obligation to "repurchase any amount or amount of Class A common stock, and the program may be modified, suspended or terminated at any time."
The company added that the repurchases would be at its discretion and that it had no obligation to "repurchase any amount or amount of Class A common stock, and the program may be modified, suspended or terminated at any time."
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