Taboola Announces $200 Million Expansion to Share Repurchase Program
Taboola (TBLA) has announced a significant expansion of its share repurchase program, with its Board of Directors approving an additional $200 million authorization for buying back outstanding shares. This expansion brings the total current authorization to approximately $240 million.
The company's CFO, Steve Walker, expressed confidence in the business and its ability to generate strong free cash flow, while indicating plans to build upon their 2024 performance and strategically invest in future growth. The share buybacks will be conducted through various means, including open market purchases and trading plans under Rule 10b5-1, with timing and amount subject to market conditions.
Additionally, Taboola will host an Investor Day on March 26, 2025, in New York City, where management will present the company's strategy, market opportunity, and financial outlook.
Taboola (TBLA) ha annunciato una significativa espansione del suo programma di riacquisto di azioni, con il Consiglio di Amministrazione che ha approvato un'ulteriore autorizzazione di 200 milioni di dollari per il riacquisto di azioni in circolazione. Questa espansione porta l'autorizzazione totale attuale a circa 240 milioni di dollari.
Il CFO dell'azienda, Steve Walker, ha espresso fiducia nel business e nella sua capacità di generare un forte flusso di cassa libero, mentre ha indicato piani per costruire sulle performance del 2024 e investire strategicamente nella crescita futura. I riacquisti di azioni saranno effettuati attraverso vari mezzi, inclusi acquisti nel mercato aperto e piani di trading ai sensi della Regola 10b5-1, con tempistiche e importi soggetti alle condizioni di mercato.
Inoltre, Taboola ospiterà un Investor Day il 26 marzo 2025, a New York City, dove la direzione presenterà la strategia aziendale, le opportunità di mercato e le prospettive finanziarie.
Taboola (TBLA) ha anunciado una expansión significativa de su programa de recompra de acciones, con la aprobación de su Junta Directiva para una autorización adicional de 200 millones de dólares para recomprar acciones en circulación. Esta expansión eleva la autorización total actual a aproximadamente 240 millones de dólares.
El CFO de la empresa, Steve Walker, expresó confianza en el negocio y su capacidad para generar un fuerte flujo de caja libre, mientras indicaba planes para mejorar su rendimiento en 2024 e invertir estratégicamente en el crecimiento futuro. Las recompras de acciones se llevarán a cabo a través de diversos medios, incluidos compras en el mercado abierto y planes de trading bajo la Regla 10b5-1, con tiempos y montos sujetos a las condiciones del mercado.
Además, Taboola llevará a cabo un Día del Inversor el 26 de marzo de 2025, en la ciudad de Nueva York, donde la dirección presentará la estrategia de la empresa, las oportunidades de mercado y las perspectivas financieras.
Taboola (TBLA)는 주식 매입 프로그램의 대규모 확장을 발표했으며, 이사회에서 2억 달러의 추가 매입 승인안을 승인했습니다. 이번 확장으로 현재 총 승인 금액은 약 2억 4천만 달러에 달합니다.
회사의 CFO인 Steve Walker는 비즈니스와 강력한 자유 현금 흐름을 생성할 수 있는 능력에 대한 자신감을 표명하며, 2024년 성과를 기반으로 미래 성장에 전략적으로 투자할 계획을 밝혔습니다. 주식 매입은 공개 시장 구매 및 규칙 10b5-1에 따른 거래 계획을 포함한 다양한 방법으로 진행되며, 타이밍과 금액은 시장 상황에 따라 달라질 수 있습니다.
또한, Taboola는 2025년 3월 26일 뉴욕에서 투자자 데이를 개최하여 경영진이 회사의 전략, 시장 기회 및 재무 전망을 발표할 예정입니다.
Taboola (TBLA) a annoncé une expansion significative de son programme de rachat d'actions, avec l'approbation par son Conseil d'Administration d'une autorisation supplémentaire de 200 millions de dollars pour racheter des actions en circulation. Cette expansion porte l'autorisation totale actuelle à environ 240 millions de dollars.
Le CFO de l'entreprise, Steve Walker, a exprimé sa confiance dans l'activité et sa capacité à générer un fort flux de trésorerie libre, tout en indiquant des plans pour s'appuyer sur leur performance de 2024 et investir stratégiquement dans la croissance future. Les rachats d'actions seront effectués par divers moyens, y compris des achats sur le marché ouvert et des plans de trading conformément à la règle 10b5-1, le moment et le montant étant soumis aux conditions du marché.
De plus, Taboola organisera un Jour des Investisseurs le 26 mars 2025, à New York, où la direction présentera la stratégie de l'entreprise, les opportunités de marché et les perspectives financières.
Taboola (TBLA) hat eine bedeutende Erweiterung seines Aktienrückkaufprogramms angekündigt, wobei der Vorstand eine zusätzliche Genehmigung von 200 Millionen Dollar für den Rückkauf ausstehender Aktien genehmigt hat. Diese Erweiterung bringt die aktuelle Gesamtgenehmigung auf etwa 240 Millionen Dollar.
Der CFO des Unternehmens, Steve Walker, äußerte Vertrauen in das Geschäft und die Fähigkeit, einen starken freien Cashflow zu generieren, während er Pläne ankündigte, auf die Leistung von 2024 aufzubauen und strategisch in zukünftiges Wachstum zu investieren. Die Aktienrückkäufe werden durch verschiedene Mittel durchgeführt, einschließlich Käufen auf dem offenen Markt und Handelsplänen gemäß Regel 10b5-1, wobei Zeitpunkt und Betrag den Marktbedingungen unterliegen.
Darüber hinaus wird Taboola am 26. März 2025 einen Investorentag in New York City veranstalten, an dem das Management die Unternehmensstrategie, die Marktchancen und die finanzielle Perspektive präsentieren wird.
- Substantial $200M increase in share buyback authorization
- Strong free cash flow generation
- Positive 2024 performance indicated
- Demonstrates management confidence in business outlook
- Program can be suspended or discontinued at any time
- Buyback reduces cash available for strategic investments
Insights
Taboola's announcement of a $200 million expansion to its share repurchase program brings its total buyback authorization to approximately $240 million - representing nearly
The scale of this repurchase program is particularly notable for a mid-cap advertising technology company operating in a competitive digital landscape. Such a substantial buyback typically signals three things: management believes shares are undervalued, the company is generating strong free cash flow, and leadership may see high-return investment opportunities that would deliver better shareholder value than reducing the share count.
For context, digital advertising companies often prioritize reinvesting cash into technology development, content partnerships, or acquisitions to maintain competitive positioning against giants like Google and Meta. Taboola's willingness to direct significant capital to share repurchases suggests confidence in their existing technological infrastructure and market position.
The implementation flexibility (open market purchases, Rule 10b5-1 plans, or private transactions) provides management with multiple avenues to execute the program opportunistically. However, investors should note that authorizations don't guarantee immediate execution - the company explicitly states timing will depend on market conditions and other factors.
This announcement, coupled with management's reference to "strong 2024 performance" and continued strategic investments in growth, indicates Taboola is attempting to balance shareholder returns with sustainable business expansion - a delicate equilibrium that successful maturing tech companies must navigate.
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
“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 build upon our strong 2024 performance, while strategically investing in our future growth."
Any purchases under the program may be made from time to time in the open market, through trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in privately negotiated transactions or otherwise. The timing and amount of any share buybacks will be subject to market conditions and other factors determined by the Company. The Company may suspend, modify or discontinue the program at any time in its sole discretion without prior notice. This press release is neither an offer to purchase nor a solicitation of an offer to buy any securities.
Upcoming Investor Day
As previously announced, Taboola will host an Investor Day on March 26, 2025 in New York City. During the event members of Taboola’s management team and special guests will share details on Taboola’s strategy, market opportunity and financial outlook. The event will begin at 10:00 a.m. ET and will end at approximately 1:00 p.m. ET. A live video webcast of the event and slide presentation can be found on Taboola’s investor relations website. A replay of the event will be available via webcast for twelve months at investors.taboola.com
About Taboola
Taboola empowers businesses to grow through performance advertising technology that goes beyond search and social and delivers measurable outcomes at scale.
Taboola works with thousands of businesses who advertise directly on Realize, Taboola’s powerful ad platform, reaching approximately 600 million daily active users across some of the best publishers in the world. Publishers like NBC News, Yahoo, and OEMs such as Samsung, Xiaomi and others use Taboola’s technology to grow audience and revenue, enabling Realize to offer unique data, specialized algorithms, and unmatched scale.
Investor Contacts:
Jessica Kourakos
Aadam Anwar
investors@taboola.com
Press Contact:
Dave Struzzi
press@taboola.com
FAQ
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