Klaviyo (NYSE: KVYO), the autonomous B2C CRM, today announced that its board of directors has approved a share repurchase program under which Klaviyo is authorized to repurchase up to $500 million of its Series A Common Stock.
As a component of the new share repurchase program, Klaviyo plans to imminently enter into an accelerated share repurchase for $100 million of its Series A Common Stock.
“2025 was a defining year for Klaviyo with strong growth, expanding profitability, and momentum across every part of the business,” said Andrew Bialecki, co-founder and co-CEO of Klaviyo. “This new authorization and accelerated share repurchase underscores the confidence our board of directors and management team have in the durability of our strategy, the scale of the opportunity ahead, and our belief that Klaviyo represents an attractive long-term investment. Our strong balance sheet and consistent cash generation give us the flexibility to invest in AI-driven innovation and platform expansion while also returning capital when we believe it creates long-term shareholder value.”
About Klaviyo
Klaviyo (CLAY-vee-oh) is an autonomous B2C CRM that powers more valuable customer experiences. We unify a flexible, scalable data platform, intelligence that gets smarter with every interaction, and action across Marketing and Service to help businesses turn real-time customer data into personalization at scale. High-growth enterprises like Mattel, TaylorMade, Glossier, Liquid Death, Daily Harvest and more than 193,000 other paying customers leverage Klaviyo’s actionable infrastructure and our more than 350 integrations to deliver measurable outcomes through faster, higher-quality experiences.
Source: Klaviyo, Inc.
Tag: IR
Forward Looking Statements
This press release includes certain “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Other than statements of historical facts, all statements contained in this press release, including, but not limited to, statements about the share repurchase program, are forward-looking statements. Words such as “aim,” “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “future,” “going to,” “guidance,” “intend,” “keep,” “may,” “opportunity,” “outlook,” “plan,” “potential,” “predict,” “project,” “shall,” “should,” “strategy,” “target,” “will,” “would,” or words of similar meaning or similar references to future periods may identify these forward-looking statements, although not all forward-looking statements contain these identifying words.
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Contacts
Investor Relations
Ryan Flaim
ir@klaviyo.com
Press
Danielle Zanatta
press@klaviyo.com