BlackLine (NASDAQ: BL) lifts share repurchase authorization to $500 million

Rhea-AI Filing Summary

BlackLine, Inc. reported that its board of directors approved an increase to the company’s stock buyback program by an additional $100 million, bringing total authorization to repurchase up to $500 million of its common stock. This program allows the company to buy back shares over time in the open market or through privately negotiated transactions, depending on market conditions and other factors.

BlackLine has already repurchased 5.3 million shares for $270.1 million under this program. The company is not required to repurchase a specific amount of stock, and the board may suspend, terminate, amend, or modify the program at any time at its discretion.

Insights

Equity Capital Allocation Analyst

BlackLine expands buyback capacity, signaling ongoing commitment to share repurchases.

The board of BlackLine increased its stock repurchase authorization by $100 million, raising the total program size to $500 million. The company has already used $270.1 million to repurchase 5.3 million shares, indicating active use of the authorization.

Repurchases may occur via open-market and privately negotiated transactions and can be structured under Rule 10b-18 and Rule 10b5-1 plans. The program remains fully discretionary; the board can change or suspend it at any time, so actual impact depends on future repurchase activity and market conditions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________________

FORM 8-K

__________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

March 13, 2026

__________________________

BLACKLINE, INC.

(Exact name of registrant as specified in its charter)

__________________________

Delaware

001-37924

46-3354276

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification Number)

21300 Victory Boulevard, 12th Floor

Woodland Hills, California 91367

(Address of principal executive offices) (Zip Code)

(818) 223-9008

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

__________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01, par value

BL

The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 8.01     Other Events

On March 13, 2026, the board of directors (the “Board”) of BlackLine, Inc. (the “Company”) approved an increase to the Company’s stock buyback program (the “Stock Buyback Program”) of an additional $100 million, for a total overall authorization to repurchase up to $500 million of the Company’s common stock. To date, the Company has repurchased 5.3 million shares, or $270.1 million, under the Stock Buyback Program.

Repurchases may be made from time to time through open market repurchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. The repurchase program does not obligate the Company to acquire any particular amount of its Class A common stock, and it may be suspended at any time at the Company’s discretion. The timing and actual number of shares repurchased may depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities. The Stock Buyback Program may be suspended, terminated, amended or modified by the Board at any time without prior notice, at the Board’s discretion.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			BLACKLINE, INC.
Date: March 16, 2026			By:			/s/ Karole Morgan-Prager
						Karole Morgan-Prager
						Chief Legal and Administrative Officer

2

FAQ

What did BlackLine (BL) announce about its stock buyback program?

BlackLine’s board increased its stock buyback authorization by $100 million, raising the total program size to $500 million. This expanded authorization allows the company to continue repurchasing its common stock through open-market or privately negotiated transactions over time, subject to market conditions.

How much stock has BlackLine (BL) repurchased under its buyback program so far?

BlackLine has repurchased 5.3 million shares, totaling $270.1 million, under its stock buyback program to date. These repurchases reflect actual deployment of a significant portion of the current authorization before the newly approved increase to $500 million.

What is the total size of BlackLine’s (BL) authorized stock repurchase program?

After the latest board approval, BlackLine’s total stock buyback authorization is $500 million of its common stock. This represents the maximum dollar amount the company is authorized to spend on repurchases, though actual purchases may be lower depending on future decisions.

How will BlackLine (BL) execute its share repurchases under the buyback program?

BlackLine may repurchase shares through open market purchases or privately negotiated transactions. Open market transactions may follow Rule 10b-18 guidelines, and the company may use Rule 10b5-1 plans to facilitate prearranged repurchases over time.

Is BlackLine (BL) obligated to repurchase a specific amount of stock?

BlackLine is not obligated to buy back any specific amount of stock under its program. The board can suspend, terminate, amend, or modify the authorization at any time, and future repurchases will depend on price, market conditions, and alternative investment opportunities.

Can BlackLine (BL) change or suspend its stock buyback program?

Yes. BlackLine’s board may suspend, terminate, amend, or modify the stock buyback program at any time without prior notice. This flexibility means the pace and scale of repurchases can change as business conditions, capital needs, or strategic priorities evolve.

Filing Exhibits & Attachments

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Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 22.0 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.7 KB