Smartsheet announces $150M share repurchase program

Smartsheet announced that its Board of Directors has authorized the repurchase of up to $150M of the company’s outstanding Class A common stock through open market purchase, block trades, and/or in privately negotiated transactions or pursuant to 10b5-1 plans, in compliance with applicable securities laws and other legal requirements. The program has no minimum purchase commitment and may extend over a period of approximately twelve months.