Ibotta Announces a $100 Million Increase to Its Share Repurchase Program

DENVER--(BUSINESS WIRE)--Ibotta, Inc. (NYSE: IBTA), the performance marketing platform for promotions, announced that its Board of Directors authorized the purchase of up to an additional $100 million of the Company's Class A common stock, effective immediately. This new authorization follows prior Board approval for $300 million repurchase of the Company's Class A common stock. “This new authorization reflects the Board's continued confidence in our long-term growth prospects and our commitmen.