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Freshworks Board Approves Stock Buyback Worth $400 Mn

  • Freshworks board of directors approves stock buyback programme worth $400 Mn of its outstanding Class A common stock.
  • The buyback can be done through open market repurchases or private negotiations as per Securities Exchange Act of 1934.
  • Freshworks demonstrates confidence in growth trajectory and commitment to enhancing shareholder value.
  • Additionally, Freshworks reported a 21.4% YoY revenue growth in Q3 FY25, but also announced a 13% reduction in global workforce.

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