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Remitly Authorizes $200M Share Repurchase, Citing Opportunistic Market Conditions

Author: Benzinga Newsdesk | August 06, 2025 03:39pm

Share Repurchase Program

Remitly announced today that its Board of Directors has approved a share repurchase program, pursuant to which Remitly may repurchase up to an aggregate of $200 million of its outstanding common stock. Remitly intends to opportunistically repurchase shares based on market conditions, providing a way to return capital to stockholders and offset a portion of dilution associated with our employee equity compensation, consistent with our disciplined capital allocation approach.

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