LiveRamp Holdings, Inc. 8-K

What Happened
LiveRamp Holdings, Inc. announced on February 12, 2026 (via an 8-K and press release) that its Board approved a $200 million increase to its existing share repurchase program and extended the program through December 31, 2027. The program, initially adopted in 2011, now has a total authorization of $1.5 billion.

Key Details

• Board authorized an additional $200 million, increasing total repurchase authorization to $1.5 billion.
• Prior to the increase, LiveRamp had used $1.163 billion, leaving $137 million available; after the increase, remaining capacity is $337 million.
• Repurchases may be made in open-market transactions or under Rule 10b5-1 trading plans and will comply with Exchange Act Rule 10b-18.
• The timing, amount, price and manner of repurchases are at the Company’s discretion; the program may be suspended, modified or terminated and does not obligate the Company to buy a specific number of shares.

Why It Matters
A larger, extended buyback program can reduce share count over time and signal that management believes the stock is a good use of capital. For investors, the change clarifies how much additional capital LiveRamp has authorized for repurchases ($200M) and the new available capacity ($337M). The announcement does not guarantee any specific purchases or timing; actual repurchases will depend on market conditions and Board/management decisions.