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Klaviyo announces $500M share repurchase program

Klaviyo (KVYO) announced that its board of directors has approved a share repurchase program under which Klaviyo is authorized to repurchase up to $500M 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 $100M of its Series A common stock.

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