Twilio Buyback
OLI recorded this information on 3/5/2024
Company: |
Twilio |
Buyback: |
TWLO buyback |
$Amount Authorized: |
$2,200,000,000 |
Buyback Details: |
Twilio (NYSE:TWLO), the customer engagement platform that drives real-time, personalized experiences for today's leading brands, today announced the results of its operational review of its Segment business. The company also provided targets for FY 2024 and FY 2025, and announced an additional $2 billion share repurchase authorization that it is targeting to complete during FY 2024. Concurrent with the conclusion of the operational review of Segment, Twilio announced that its Board of Directors has authorized an additional $2 billion share repurchase program expiring on December 31, 2024, which is in addition to the $1 billion program previously authorized by the Board in 2023. To date, Twilio has completed almost $800 million of repurchases from the initial program and is targeting to complete both programs, representing further share repurchases of approximately $2.2 billion, between now and the end of 2024. |
Twilio engages in cloud communications platform and enables developers to build, scale and operate real-time customer engagement within software applications via Application Programming Interfaces (API). Co.'s platform includes: its subsidiary, Segment.io, Inc., Customer Data Platform, which includes Connections, Personas, Privacy and Protocols; Channel APIs, which include software products that can be used individually or in combination to build contextual communications within applications; Solutions, which include Contact Center, User Verification and Marketing Campaigns; Super Network, which manages the connections between the internet and the global telecommunications network; and IoT.
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Company Name: |
Twilio Inc |
Stock buyback: |
TWLO buyback |
Website: |
www.twilio.com |
Sector: |
Application Software |
Number of ETFs Holding TWLO: |
59 |
Total Market Value Held by ETFs: |
$1.26B |
Total Market Capitalization: |
$10.90B |
% of Market Cap. Held by ETFs: |
11.54% |
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