Match Group: Board authorizes new $1B share repurchase program

The company said: “We view capital allocation as an important part of value creation and take a thoughtful approach to balancing investing in our business and returning capital to shareholders. Our Board has authorized a new $1.0 billion share repurchase program and is committed to returning at least half of the company’s free cash flow in 2024, and possibly meaningfully more, as was the case in 2023.”