LiveRamp Extends and Adds $200 million to its Share Repurchase Authorization
Rhea-AI Summary
LiveRamp (NYSE: RAMP) increased its share repurchase authorization by $200 million, raising the program to $1.5 billion and extending the authorization to December 31, 2027. The company says it currently has approximately $337 million available for repurchases through the end of calendar 2027.
Management cited confidence in long‑term growth and said timing and amounts of repurchases will depend on market conditions, price, and capital availability; the company may modify or terminate the program at any time.
Positive
- Authorization increased by $200 million to $1.5 billion
- Authorization extended one year to December 31, 2027
- $337 million currently available for repurchases through 2027
Negative
- Repurchase timing and size dependent on market conditions
- Company reserves right to modify or terminate the program
- $337 million available limits repurchases through calendar 2027
News Market Reaction
On the day this news was published, RAMP declined NaN%, reflecting a moderate negative market reaction. Argus tracked a peak move of +11.5% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
RAMP was down 3.65% while key peers showed mixed pressure: PRGS -6.91%, RZLV -10.11%, NTCT -1.02%, with CSGS and NYAX nearly flat. Only RZLV appeared in the momentum scanner (up earlier), suggesting RAMP’s move around the buyback news was largely stock-specific rather than a synchronized sector rotation.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Aug 14 | Buyback expansion | Positive | +6.3% | Board raised repurchase authorization by $200M and extended program to 2026. |
The prior buyback expansion and extension coincided with a clearly positive one-day price reaction.
Over the past 18 months, LiveRamp has repeatedly paired strong fundamentals with capital return. A prior buyback expansion on Aug 14, 2024 increased authorization by $200 million to $1.3 billion and extended the program, leaving about $322 million for repurchases and driving a 6.3% gain. The new announcement again boosts authorization and pushes expiry to Dec 31, 2027, signaling continued use of buybacks as a core capital allocation tool alongside improving profitability and cash generation.
Historical Comparison
Past buyback expansion on Aug 14, 2024 led to a 6.3% gain. Today’s larger authorization and later expiry continue that pattern of using repurchases after share-price dislocations.
LiveRamp moved buyback capacity from $1.3B to $1.5B while extending the program from Dec 31, 2026 to Dec 31, 2027, maintaining a similar playbook of adding $200M in authorization following perceived valuation disconnects.
Market Pulse Summary
This announcement extends LiveRamp’s capital-return strategy by increasing its share repurchase authorization to $1.5 billion and leaving about $337 million available through December 31, 2027. Historically, a similar buyback expansion on Aug 14, 2024 was followed by a 6.3% gain, underscoring how the company has used repurchases after perceived valuation dislocations. Investors may watch actual buyback pace, earnings trajectory, and cash generation to assess how effectively this authorization supports shareholder value.
Key Terms
AI-generated analysis. Not financial advice.
SAN FRANCISCO, Feb. 12, 2026 (GLOBE NEWSWIRE) -- LiveRamp® (NYSE: RAMP), the leading data collaboration platform, today announced that its Board of Directors increased the Company’s share repurchase authorization by
With this program expansion, the Company has approximately
Commenting on the announcement, CFO Lauren Dillard said, “We are highly confident in LiveRamp’s long-term growth outlook and believe the current share price materially undervalues both our business and our role in an increasingly AI-driven ecosystem. Recent market dislocation reflects broader concerns about software displacement by AI, but we see the opposite dynamic at work – AI is data-hungry, and LiveRamp operates the largest and most interoperable data network in our space. With a strong balance sheet and durable cash flow generation, we have significant capacity to act on this disconnect by accelerating our share repurchase program over the coming months.”
The timing and amounts of any purchases will be based on market conditions and other factors, including price and capital availability. The Company reserves the right to modify or terminate this program and authorization at any time.
About LiveRamp
LiveRamp is a leading data collaboration technology company, empowering marketers and media owners to deliver and measure marketing performance everywhere it matters. LiveRamp’s data collaboration network seamlessly unites data across advertisers, platforms, publishers, data providers, and commerce media networks—unlocking deep insights, delivering transformational consumer experiences, and driving measurable growth.
Built on a foundation of strict neutrality, interoperability, and global scale, LiveRamp enables organizations to maximize the value of their data while accelerating innovation. Trusted by many of the world’s leading brands, retailers, financial services providers, and healthcare innovators, LiveRamp is helping shape the future of responsible data collaboration in an AI-driven, outcomes-focused world where advertisers reach intended audiences and consumers receive more relevant advertising messages.
LiveRamp is headquartered in San Francisco, California, with offices worldwide. Learn more at LiveRamp.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding how and when the Company may execute repurchases. These statements, which are not statements of historical fact, are based on management’s current estimates, assumptions, projections and/or expectations and are subject to certain risks, uncertainties and other factors, some of which are beyond the Company’s control and are difficult to predict, including, but not limited to, potential changes in the market price of the Company’s common stock and changes in the Company’s operating results, financial condition and cash requirements. These forward-looking statements are not guarantees of future performance and are subject to a number of factors and uncertainties that could cause the Company’s actual results and experiences to differ materially from the anticipated results and expectations expressed in the forward-looking statements. For a discussion of these and other risks and uncertainties, please refer to the Company’s Annual Report on Form 10-K for our fiscal year ended March 31, 2025, and the Company’s Quarterly Reports on Form 10-Q issued in fiscal year 2026. The financial information set forth in this press release reflects estimates based on information available at this time. The Company assumes no obligation and does not currently intend to update these forward-looking statements.
For more information, please contact:
Investor.Relations@LiveRamp.com
LiveRamp® and all other LiveRamp marks contained herein are trademarks or service marks of LiveRamp, Inc. All other marks are the property of their respective owners.
FAQ
What did LiveRamp (RAMP) announce about its share repurchase program on February 12, 2026?
How much cash is available for LiveRamp (RAMP) share repurchases through 2027?
Will LiveRamp (RAMP) definitely buy back shares after the February 12, 2026 announcement?
How does the February 12, 2026 repurchase update affect LiveRamp's (RAMP) authorization total?
Can LiveRamp (RAMP) stop or change its $1.5 billion repurchase program?
