Just saw Klaviyo's board green-lit a 500 million dollar buyback program. That's pretty substantial for them right now.



They're jumping into an accelerated repurchase deal for 100 million upfront, then the rest depends on how things look market-wise. Classic move when a company thinks its stock is undervalued I guess?

Always interesting watching these plays unfold. Wonder if this signals they're feeling confident about growth or just want to support the stock price. Either way, 500 million is real money. What's your take - does this move make sense for them?
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