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LiveRamp to buy back up to $500M common shares


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LiveRamp to buy back up to $500M common shares

Liveramp Holdings Inc., an insurance technology company, will buy back up to $500 million of its common shares.

The shares will be purchased through a modified Dutch auction at between $44.50 and $49.00 per share. The offer expires Dec. 12 at 5 p.m. ET, unless extended by Liveramp Holdings.

Morgan Stanley & Co. LLC and Wells Fargo Securities LLC will be dealer managers of the offer. Georgeson Inc. will serve as the information agent, while Computershare Trust Co. NA will be the depositary of the offer.