Life360 Board of Directors Authorizes Up to $225 Million Multi-Year Share Repurchase Program to Offset Stock-Based Compensation Dilution
SAN FRANCISCO, Could 17, 2026 (GLOBE NEWSWIRE) — Life360, Inc. (NASDAQ: LIF; ASX: 360), the supplier of the market-leading household security and connection cell utility, at this time introduced that its Board of Administrators has licensed administration’s deployment of a multi-year share repurchase program of as much as $225 million (the “Program”).
The target of the Program is designed to return worth to our shareholders by minimizing dilution from stock-based devices. The Program represents a productive deployment of the Firm’s capital, supported by a robust steadiness sheet and twelve consecutive quarters of optimistic working money circulate.
“We stay targeted on investing within the Life360 platform as we develop our world member base and deepen the worth we ship to households,” mentioned Life360 Chief Government Officer Lauren Antonoff. “This focused share repurchase program displays the Board’s confidence within the sturdiness of our mannequin, our disciplined capital allocation, and our skill to generate constant long-term money circulate.”
Below the Program, Life360 might repurchase shares of its widespread inventory in the USA every now and then within the open market over a multi-year interval, at prevailing market costs, in privately negotiated transactions, in block trades, and/or by way of different legally permissible means, relying on market situations and in accordance with relevant guidelines and rules (together with by way of Rule 10b5-1 buying and selling plans and beneath 10b-18 of the Change Act). The timing and quantity of repurchases will probably be decided at administration’s discretion based mostly on market situations, share worth, liquidity, and different components. The Program doesn’t obligate the Firm to accumulate any particular quantity or greenback quantity of shares and could also be suspended, modified, or discontinued at any time.
About Life360, Inc.
Life360, a household connection and security firm, retains folks near those they love. The category-leading cell app and {hardware} monitoring units empower members to remain related to the folks, pets, and issues they care about most, with a spread of companies, together with location sharing, secure driver experiences, and crash detection with emergency dispatch. As a remote-first firm based mostly within the San Francisco Bay Space, Life360 serves roughly 97.8 million month-to-month energetic customers (MAU), as of March 31, 2026, throughout greater than 180 nations. Life360 delivers peace of thoughts and enhances on a regular basis household life in all of the moments that matter, huge and small. For extra info, please go to life360.com
Ahead-Wanting Statements
This press launch accommodates forward-looking statements inside the that means of the secure harbor provisions of the Personal Securities Litigation Reform Act of 1995, Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Change Act. Ahead-looking statements embody statements relating to the Firm’s meant share repurchases, capital allocation priorities, monetary efficiency, and strategic plans. Such statements contain dangers and uncertainties that might trigger precise outcomes to vary materially, together with adjustments in market situations, the Firm’s monetary place, and components described beneath “Danger Components” within the Firm’s most up-to-date Annual Report on Kind 10-Okay and subsequent Quarterly Reviews on Kind 10-Q filed with the SEC and out there on the ASX Market Bulletins Platform. The Firm undertakes no obligation to replace any forward-looking statements besides as required by legislation.
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