Planet Labs PBC (PL) Share Buybacks
The buybacks for Planet Labs PBC (PL) is $8.97 Million with a year-over-year change of +41.57%. Share buybacks (stock repurchases) represent cash spent by the company to buy back its own shares in the open market, reducing shares outstanding and returning capital to shareholders.
PL Buybacks Chart
Current Buybacks
$8.97M
$8.97 Million
Year-over-Year Change
+41.57%
vs. $6.34M prior year
Historical Data
3
Years of data available
Annual Buybacks History
| Year | Buybacks | YoY Change | % Change |
|---|---|---|---|
| 2024 | $8.97M | +$2.63M | +41.57% |
| 2023 | $6.34M | +$739,000 | +13.20% |
| 2022 | $5.60M | — | — |
About Planet Labs PBC
Planet Labs PBC is dedicated to the creation, deployment, and management of extensive satellite constellations. Its core mission is to provide frequent, worldwide geospatial data, which customers can access through a specialized online platform. The company's offerings include a proprietary, cloud-native technological solution, branded as "Open Geospatial Consortium," that meticulously processes and unifies imagery for temporal analysis and advanced data integration. Additionally, they furnish space-based equipment and complementary software systems. Planet Labs caters to a diverse clientele across sectors such as agriculture, cartography, forestry, and the finance and insurance industries, alongside federal, state, and municipal government bodies. The organization was established in 2010 and maintains its primary operational base in San Francisco, California.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- William Spencer Marshall