Life360 board approves $225 million share buyback program

Life360 Inc. (NASDAQ: LIF; ASX: 360) announced its board of directors authorized a multi-year share repurchase program of up to $225 million. The company stated the program aims to minimize dilution from stock-based compensation.

The family safety mobile application provider said the program represents deployment of capital supported by a strong balance sheet and twelve consecutive quarters of positive operating cash flow. Life360 reported approximately 97.8 million monthly active users as of March 31, 2026.

"This targeted share repurchase program reflects the Board's confidence in the durability of our model, our disciplined capital allocation, and our ability to generate consistent long-term cash flow," said Chief Executive Officer Lauren Antonoff.

Under the program, Life360 may repurchase shares in the open market over a multi-year period at prevailing market prices, through privately negotiated transactions, block trades, and other legally permissible means. The company said timing and amount of repurchases will be determined at management's discretion based on market conditions, share price, liquidity, and other factors.

The program does not obligate the company to acquire any specific number or dollar amount of shares and may be suspended, modified, or discontinued at any time. Repurchases may be conducted through Rule 10b5-1 trading plans and under 10b-18 of the Exchange Act.

Life360 operates as a remote-first company based in the San Francisco Bay Area and serves users across more than 180 countries. The information was disclosed in a press release statement.

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