Riskified Ltd. Class A (RSKD) has released an update.
Riskified Ltd. has announced the continuation of its share repurchase program, with plans to buy back up to $75 million of its ordinary shares. The program, which was set to expire in May 2024 and was already partially utilized, may see repurchases in the open market or through private transactions, depending on various market conditions and company discretion. The repurchases will be funded from Riskified’s existing cash and cash equivalents, with no obligation to repurchase any specific amount and the possibility of modification or discontinuation at any time.
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