ODDITY Tech Ltd. Announces $200M Share Buyback Program

ODDITY Tech Ltd. announced a new share buyback program, authorizing the repurchase of up to $200 million of its Class A ordinary shares. This program replaces a previous $150 million authorization and will expire on March 31, 2029, or when funds are fully utilized. The company had already repurchased approximately $97 million under the prior plan, with $50 million repurchased year-to-date. Repurchases may occur through open market transactions, privately negotiated deals, or other means compliant with U.S. federal securities laws. The timing and amount of repurchases will be determined by the company based on various factors including intrinsic value assessment, market conditions, liquidity, and strategic priorities. The program does not obligate the company to repurchase a specific number of shares and may be suspended or modified at any time.