Life360 Board authorizes $225M multi-year share repurchase program to offset dilution

Life360, Inc.

Repurchase program up to $225M, aimed at minimizing dilution from stock-based compensation.
Program authorized after 12 consecutive quarters of positive operating cash flow; strong balance sheet.
Repurchases may be made on open market, privately, or via 10b5-1 plans over multi-year period.
Timing and amount at management's discretion; no obligation to repurchase specific amount.

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