secwatch.observer — SEC 8-K summary
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Issuer:     Maplebear Inc. (CART)
CIK:        0001579091
Form:       8-K
Filed at:   2024-06-06T23:59:59+00:00
Accession:  0001579091-24-000074
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Maplebear Board authorizes $500M share repurchase program; prior $1B program exhausted
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- New $500M share repurchase program approved by Board on June 2, 2024; no expiration date.
- Prior $1B program (Nov 2023 & Feb 2024 authorizations) fully utilized, repurchasing ~34M shares.
- Repurchases may occur via open market or private transactions; Rule 10b5-1 plans may be used.
- Company not obligated to repurchase any specific amount; program may be suspended at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579091/000157909124000074/0001579091-24-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579091/000157909124000074/cart-20240602.htm
  HTML page:      https://secwatch.observer/filing/0001579091-24-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer