[BUSINESS]■ STORY TIMELINE

ROBLOX LAUNCHES $3B STOCK BUYBACK PROGRAM

Roblox Corp. authorized its first-ever share buyback program, committing to repurchase up to $3 billion of its stock, with $1 billion earmarked for the next 12 months. The announcement comes as RBLX shares have declined roughly 45% year-to-date.

1 SOURCEFIRST SEEN MAY 19, 09:55 PM► READ THE ARTICLE

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Roblox authorizes its first share buyback program, aiming to repurchase up to $3B of its stock, including $1B over the next year; RBLX is down ~45% YTD (Cecilia D'Anastasio/Bloomberg)

Cecilia D'Anastasio / Bloomberg: Roblox authorizes its first share buyback program, aiming to repurchase up to $3B of it…

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