Ibotta, Inc. announced that its Board of Directors approved an increase to its existing share repurchase program, authorizing an additional $100 million for repurchases of Class A common stock, bringing the total authorization to $400 million. The program has no expiration date and may be conducted through open market or private transactions, subject to market conditions.
Key takeaways
Board approved $100 million increase to Share Repurchase Program on March 11, 2026
Original authorization: $300 million approved beginning August 2024
Total authorization now: up to $400 million of Class A common stock
No expiration date; may use Rule 10b-18 open market repurchases or Rule 10b5-1 plans
Repurchases subject to market conditions, legal requirements, and other factors
Program may be terminated or suspended at any time