---
schema_version: "secwatch.filing_event.v1"
accession: "0001384905-21-000039"
form_type: "8-K"
ticker: "RNG"
cik: "0001384905"
company_name: "RingCentral, Inc."
filed_at: "2021-12-13T23:59:59+00:00"
generated_at: "2026-06-28T01:37:08.301066+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RingCentral authorizes $100M share repurchase program

## Summary
- Board authorized repurchase of up to $100M of Class A common stock.
- Program effective until December 31, 2022, with discretion on timing and volume.
- Funding from future cash flow and capped calls associated with previously redeemed convertible notes.
- CEO cites strong confidence in long-term growth and belief that value is not reflected in current market valuation.

## SEC filing metadata
- accession: 0001384905-21-000039
- form_type: 8-K
- ticker: RNG
- cik: 0001384905
- company_name: RingCentral, Inc.
- filed_at: 2021-12-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1384905/000138490521000039/0001384905-21-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1384905/000138490521000039/rng-20211213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001384905-21-000039
- JSON: https://secwatch.observer/filing/0001384905-21-000039.json
- Plain text: https://secwatch.observer/filing/0001384905-21-000039.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.