Taboola (TBLA) Announces $200M Share Buyback Expansion

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Taboola Announces $200 Million Expansion to Share Repurchase Program

February 26, 2025 6:30 AM EST

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Taboola (Nasdaq: TBLA), a global leader in delivering performance at scale for advertisers, today announced that its Board of Directors approved an additional share repurchase authorization of up to $200 million of the company's outstanding shares, bringing the current total authorization to approximately $240 million.

Driven by our confidence in the business and our ability to generate strong free cash flow, we are pleased to announce a substantial expansion to our existing share repurchase authorization, said Steve Walker, CFO of Taboola. Looking ahead, we expect to... More