Concurrent with the conclusion of the operational review of segment, Twilio announced that its board has authorized an additional $2B share repurchase program expiring on December 31, which is in addition to the $1B program previously authorized by the board in 2023. To date, Twilio has completed almost $800M of repurchases from the initial program and is targeting to complete both programs, representing further share repurchases of approximately $2.2B, between now and the end of 2024.
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