(RTTNews) - Klaviyo Inc. (KVYO) Monday said its board has approved a share repurchase program authorizing the company to buy back up to $500 million of its Series A common stock.
As part of the program, Klaviyo plans to enter into an accelerated share repurchase agreement for $100 million of its shares in the near term.
The timing and amount of any additional repurchases will depend on market conditions and other factors.
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