Ibotta, Inc. (IBTA), Wednesday announced that its Board of Directors has approved a $100 million increase to its share repurchase program for Class A common stock.
The company said the program has no expiration date, and purchases may be made through open market transactions or privately negotiated deals, subject to market conditions and legal requirements.
Ibotta is not obligated to repurchase a specific amount of stock and may suspend or terminate the program at any time.
IBTA is currently trading at $41.60, up $2.52 or 6.44 percent on the New York Stock Exchange.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.