Reddit, Inc. (RDDT) Share Buybacks
The buybacks for Reddit, Inc. (RDDT) is $95.19 Million. 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.
RDDT Buybacks Chart
Current Buybacks
$95.19M
$95.19 Million
Year-over-Year Change
N/A
Historical Data
1
Years of data available
Annual Buybacks History
| Year | Buybacks | YoY Change | % Change |
|---|---|---|---|
| 2021 | $95.19M | — | — |
About Reddit, Inc.
Reddit, Inc. oversees an internet-based service dedicated to fostering diverse online communities. This platform categorizes groups by shared passions, enabling its users to participate in dialogues through recounting experiences, sharing external web addresses, uploading visual and video content, and engaging in direct replies. Founded in 2005, the corporation maintains its central operations in San Francisco, California. Reddit, Inc. also functions as a controlled subsidiary of Advance Publications, Inc.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- CEO
- Steven Ladd Huffman