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Upwork announces additional $100M share repurchase program

Upwork (UPWK) announced that its board of directors approved an additional $100M share repurchase program. “Upwork’s financial results continue to exceed expectations, giving us another opportunity to utilize our balance sheet to increase shareholder value,” said Hayden Brown, president and CEO, Upwork. “Our track record of operational discipline and rapid execution is enabling us to grow GSV and continue our market share gains.”

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