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The Trade Desk — Feb 10, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001671933-25-000014
Open on SEC.gov ↗
Showing in the filing
Additional share repurchase authorization approved by board of directors
“$564 million”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 4
Share repurchase authorization, bringing the…
“$1 billion”
Revenue for Q1 FY2025
“at least $575 million”
Adjusted EBITDA for Q1 FY2025
“approximately $145 million”
Additional share repurchase authorization ap…
“$564 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
As of December 31, 2024, the Company had approximately $464 million available and authorized for repurchases. In January 2025, the Company repurchased approximately $28 million of its Class A common stock. The Company also announced that its board of directors approved an additional $564 million under its share repurchase program pursuant to which the Company may purchase its outstanding Class A Common Stock, bringing the total amount for future repurchases to $1 billion. This program does not obligate the Company to acquire any particular amount of Class A Common Stock, and may be modified, suspended or terminated at any time at the discretion of the Company’s board of directors. About The Trade Desk The Trade Desk ™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, X, LinkedIn and YouTube. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.