AppLovin's board made $500 million of its share buyback available at once in 2025

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

On Feb 28, 2025, AppLovin's board authorized a modification of the company's share repurchase program, under which $500 million was to be immediately available to repurchase its Class A common stock. Before the change, repurchases in a quarter were limited to the company's free cash flow, as it defines the term, in the preceding quarter. The modification did not change the cap on total repurchases, the approximately $1.772 billion that remained available under the program as of Feb 27, 2025. AppLovin reported the change in an 8-K, a US company's report of a material event, filed Feb 28, 2025.1^,2^,3^,4^,5