NYSE:RDDTInteractive Media and Services
Reddit Buyback And Reporting Shift Put Valuation And Transparency In Focus
Reddit (NYSE:RDDT) has authorized a US$1b share repurchase program, marking a major capital allocation move for the social media platform.
The company plans to begin buying back shares over an unspecified period, subject to market conditions and corporate priorities.
Reddit also signaled that from late 2026 it will phase out some detailed user engagement metrics in its public reporting.
The combination of a large buyback and future reporting changes is raising questions about transparency,...