other material
confidence high
sentiment neutral
materiality 0.65
Maplebear repurchases 3.7M shares from D1 Capital affiliate for $117M
Maplebear Inc.
- Repurchased 3.7 million shares from D1 Iconoclast Holdings LP, an affiliate of board member Daniel Sundheim.
- Aggregate purchase price of $117 million in a privately negotiated transaction.
- Transaction approved by Audit Committee under the Related Person Transactions Policy.
- Shares retired immediately following the repurchase; repurchase is part of existing share repurchase program.