LiveRamp Increases Share Buyback Authorization by $200 Million to $1.5 Billion
LiveRamp’s Board increased its share repurchase authorization by $200 million to a total of $1.5 billion and extended the program through December 31, 2027. Under the expanded plan, the company has approximately $337 million available for repurchases over the next nearly two years.
1. Board Raises Buyback Authorization
LiveRamp’s Board of Directors approved an additional $200 million share repurchase authorization, raising the total program to $1.5 billion and extending its expiration to December 31, 2027.
2. Available Repurchase Capacity
Following the increase, LiveRamp has approximately $337 million remaining under the share repurchase authorization, which it can deploy through the end of 2027 based on market conditions and capital availability.
3. Strategic Rationale
CFO Lauren Dillard highlighted confidence in long-term growth and noted the current share price undervalues the company’s role in an AI-driven data ecosystem. With a strong balance sheet and durable cash flows, LiveRamp plans to accelerate repurchases over the coming months to address valuation disconnects.