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Roblox (RBLX) unveils $3B share repurchase plan, targets $1B in 12 months

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Roblox Corporation has launched its first share repurchase program, authorizing buybacks of up to $3 billion of its Class A common stock. The company currently intends to repurchase up to $1 billion over the next twelve months, primarily to help offset dilution from employee equity grants.

Repurchases may occur from time to time through open market purchases, privately negotiated transactions, or trading plans intended to qualify under Rule 10b5-1, subject to applicable laws. The program has no fixed end date, can be suspended or discontinued at any time, and does not require Roblox to buy a specific amount of stock.

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Insights

Roblox authorizes a sizable, flexible buyback mainly to counter equity dilution.

Roblox’s Board approved an inaugural share repurchase program for up to $3 billion of Class A common stock. Management currently plans to buy back up to $1 billion over the next twelve months, targeting dilution from employee equity grants while maintaining capacity to fund growth.

The program is discretionary, with no fixed expiration, and can be suspended or discontinued. Actual repurchases will depend on business conditions, market prices, legal requirements, and other factors. The filing emphasizes that investing in growth remains the company’s priority, framing buybacks as complementary to that strategy.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Share repurchase authorization $3 billion Maximum Class A common stock buyback under new program
Planned 12-month buybacks $1 billion Intended stock repurchases over the next twelve months
Form type 8-K Other Events disclosure of share repurchase program
Program start communication date May 19, 2026 Announcement date of inaugural repurchase program
share repurchase program financial
"its Board of Directors has authorized a share repurchase program for up to $3 billion"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
Rule 10b5-1 regulatory
"including through the use of trading plans intended to qualify under Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
forward-looking statements regulatory
"This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995"
dilution from employee equity grants financial
"designed to partially offset dilution from employee equity grants while preserving flexibility"
FALSE000131509800013150982026-04-302026-04-30

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): May 13, 2026
____________________________
Roblox Corporation
(Exact name of Registrant as Specified in Its Charter)
____________________________
Nevada001-3976320-0991664
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
3150 South Delaware Street,
San Mateo, California
94403
(Address of Principal Executive Offices)(Zip Code)
Registrant’s Telephone Number, Including Area Code: (888) 858-2569
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
Class A Common Stock, $0.0001 par valueRBLXThe New York Stock Exchange
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.  ☐



Item 8.01    Other Events.

On May 19, 2026, Roblox Corporation (“Roblox”) announced that its Board of Directors has authorized a share repurchase program for up to $3 billion of the Company’s Class A common stock. Under the program, Roblox may purchase shares from time to time through open market transactions, privately negotiated transactions, and other means in compliance with applicable securities laws, including through Rule 10b5-1 plans. The share repurchase program does not have a fixed expiration date, may be suspended or discontinued at any time, and does not obligate Roblox to acquire any amount of Class A common stock. The timing, manner, price, and amount of any repurchases will be determined by Roblox at its discretion and depend on a variety of factors, including legal requirements, price, and economic market conditions. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01    Financial Statements and Exhibits.
(d)Exhibits
Exhibit
Number
Description
99.1
Press Release dated May 19, 2026
104Cover Page Interactive Data File (formatted as inline XBRL)
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 thereunto duly authorized.
ROBLOX CORPORATION
Date: May 19, 2026By:/s/ Naveen Chopra
Naveen Chopra
Chief Financial Officer
(Principal Financial Officer)
2

Exhibit 99.1
Roblox Announces Inaugural Share Repurchase Program


SAN MATEO – May 19, 2026 – Roblox Corporation (NYSE: RBLX) today announced that its Board of Directors has authorized the repurchase of up to $3 billion of the company’s common stock with the intent to buy back up to $1 billion over the next twelve months. The program is designed to partially offset dilution from employee equity grants while preserving flexibility to invest in future growth opportunities.

“Today’s authorization of Roblox’s first-ever share repurchase program is a testament to our confidence in the long-term opportunity ahead,” said Naveen Chopra, Chief Financial Officer of Roblox. “Investing in continued growth will always be our highest priority, but the strength of our balance sheet and free cash flow generation allows us to support industry leading innovation while simultaneously reducing dilution.”

With this program, Roblox may repurchase shares of Class A Common Stock from time to time through open market purchases, in privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The share repurchase program does not have a fixed expiration date, may be suspended or discontinued at any time, and does not obligate Roblox to acquire any amount of Class A Common Stock. The timing, manner, price, and amount of any repurchases will be determined by Roblox at its discretion and will depend on a variety of factors, including business, economic and market conditions, prevailing stock prices, corporate and regulatory requirements, and other considerations.


About Roblox

Roblox is an immersive gaming and creation platform that offers people millions of ways to be together, inviting its community to explore, create and share endless unique games. Our vision is to reimagine the way people come together– in a world that's safe, civil, and optimistic. To achieve this vision, we are building an innovative company that, together with the Roblox community, has the ability to strengthen our social fabric and support economic growth for people around the world. For more about Roblox, please visit corp.roblox.com.


Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements about the amount, timing and manner of share repurchases, the potential utilization of the shares that may be repurchased, anticipated dilution from employee equity grants and continued plans for investment in growth. These forward-looking statements are made as of the date they were first issued and were based on current plans, expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Words such as “continue” and “may” and variations of these terms or the negative of these terms and similar



expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to risks detailed in our filings with the Securities and Exchange Commission (the “SEC”), including our annual reports on Form 10-K, our quarterly reports on Form 10-Q and other filings and reports we make with the SEC from time to time.

The forward-looking statements included in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, we undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.


CONTACTS

Investor Relations Contact:
Jaime Morris
Head of Investor Relations
Investors: ir@roblox.com

Media Contact:
Stefanie Notaney
Senior Director, Financial and Corporate Communications
Press: press@roblox.com


ROBLOX and the Roblox logo are among the registered and unregistered trademarks of Roblox Corporation in the United States and other countries. © 2026 Roblox Corporation. All rights reserved.

Source: Roblox Corporation


FAQ

What did Roblox (RBLX) announce regarding its share repurchase program?

Roblox authorized a share repurchase program for up to $3 billion of Class A common stock. The company expects to buy back up to $1 billion over the next twelve months, subject to market conditions, legal requirements, and other discretionary factors.

Why is Roblox (RBLX) implementing a $3 billion share repurchase program?

Roblox states the program is designed to partially offset dilution from employee equity grants. Management also highlights balance sheet strength and free cash flow generation as reasons it can return capital while continuing to invest in long-term growth opportunities across the business.

How will Roblox (RBLX) execute its authorized share repurchases?

Roblox may repurchase Class A common stock through open market purchases, privately negotiated transactions, and trading plans intended to qualify under Rule 10b5-1. All repurchases must comply with applicable securities laws and other restrictions described in the company’s disclosure.

Does Roblox’s share repurchase program have an expiration date or minimum amount?

Roblox’s buyback program has no fixed expiration date and may be suspended or discontinued at any time. The company is not obligated to repurchase any specific amount of Class A common stock, making the program fully discretionary based on future conditions.

How much stock does Roblox (RBLX) plan to repurchase in the next year?

Within its overall $3 billion authorization, Roblox currently intends to repurchase up to $1 billion of common stock over the next twelve months. The actual pace and total amount will depend on business performance, market conditions, stock price, and regulatory considerations.

What priorities did Roblox (RBLX) highlight alongside the buyback program?

Roblox’s CFO emphasized that investing in continued growth remains the company’s highest priority. The repurchase program is positioned as a way to reduce dilution while still supporting industry-leading innovation, using the company’s balance sheet and free cash flow capacity.

Filing Exhibits & Attachments

4 documents