Applovin announced modifications to its share repurchase program on February 28, 2025, with approximately $1.772 billion remaining available. The key change allows for an immediate $500 million to be accessible for Class A common stock repurchases, bypassing previous quarterly Free Cash Flow limitations.The program's structure will see the current limit increase in future quarters based on Free Cash Flow generated in preceding fiscal quarters. These modifications maintain the existing repurchase maximum amount while providing greater flexibility in timing. Unused amounts will be carried forward for future repurchases.The company may execute repurchases through open market purchases or private negotiations, subject to market conditions and legal requirements. The program can be conducted under Rule 10b-18 and Rule 10b5-1 plans, with the company maintaining discretion to suspend the program at any time.

Applovin announced modifications to its share repurchase program on February 28, 2025, with approximately $1.772 billion remaining available. The key change allows for an immediate $500 million to be accessible for Class A common stock repurchases, bypassing previous quarterly Free Cash Flow limitations.The program's structure will see the current limit increase in future quarters based on Free Cash Flow generated in preceding fiscal quarters. These modifications maintain the existing repurchase maximum amount while providing greater flexibility in timing. Unused amounts will be carried forward for future repurchases.The company may execute repurchases through open market purchases or private negotiations, subject to market conditions and legal requirements. The program can be conducted under Rule 10b-18 and Rule 10b5-1 plans, with the company maintaining discretion to suspend the program at any time.