other material
confidence high
sentiment positive
materiality 0.50
GoPro board authorizes $40M additional share repurchase, total remaining authorized $100M
GoPro, Inc.
- Board authorized $40M additional repurchase of Class A common stock on Feb 9, 2023.
- Prior $100M authorization from Jan 2022 had $60M remaining after $40M repurchased in 2022.
- Cumulative remaining authorized amount as of Feb 9, 2023 is $100M, including new $40M.
- $5M already repurchased in 2023 under the program.
- Repurchases will be funded from operating cash; program has no time limit.