Blend Labs Announces Stock Buyback and Investor Disclosure Updates

Blend Labs (BLND) has shared an update.

Blend has released supplemental investor materials on their website and communicates key information through multiple platforms, ensuring compliance with disclosure regulations. Additionally, Blend’s board of directors has approved a $25 million buyback of its Class A common stock, with the decision on any future repurchase programs to be determined based on the company’s financial health and investment prospects. The buyback will depend on market conditions and may be suspended at the company’s discretion.

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