StockWatch
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Services-Business Services, NEC
BuybackJun 5, 2026, 04:07 PM

Riskified Board Authorizes Additional $75M Share Buyback

AI Summary

Riskified Ltd. announced that its Board of Directors authorized an additional share repurchase program of up to $75 million for its Class A ordinary shares. This new authorization supplements the company's existing $375 million share repurchase programs, of which approximately $344.4 million had been utilized as of June 4, 2026. The repurchases will be funded from existing cash and cash equivalents and are subject to required Israeli regulatory procedures.

Key Highlights

  • Riskified's Board authorized an additional share repurchase program of up to $75 million.
  • This new authorization is in addition to the existing $375 million share repurchase programs.
  • Approximately $344.4 million of the existing authorization had been utilized as of June 4, 2026.
  • Share repurchases may be made in the open market or through privately negotiated transactions.
  • The buyback program is subject to the completion of required Israeli regulatory procedures.
  • Repurchases will be funded from the company's existing cash and cash equivalents.