Klaviyo, Inc. filed a Form 8-K with the SEC on November 4, 2026, disclosing a new $300 million share repurchase program authorized by its board of directors and announcing financial results for the third quarter ended September 30, 2026.

Key Highlights

  • New repurchase authorization: The board of directors authorized a program to repurchase up to $300 million in aggregate of the company's issued and outstanding shares of Series A common stock.
  • No expiration date: According to the filing, the Share Repurchase Program has no expiration date.
  • Flexible execution methods: Repurchases may be made in the open market, through privately negotiated transactions, pursuant to 10b5-1 plans, or any combination of those methods.
  • No obligation to repurchase: The filing states the program "does not obligate the Company to acquire any particular number of shares, and may be modified, suspended or discontinued at any time."
  • Q3 2026 results announced: A press release covering financial results for the third quarter ended September 30, 2026, was furnished as Exhibit 99.1.
  • Signing officer: The filing was signed by Erica Smith, Chief Financial Officer, on November 4, 2026.

Klaviyo Board Authorizes $300 Million Buyback, Reports Q3 2026 Results

Klaviyo, Inc. (NYSE:KVYO) disclosed two significant developments in its November 4, 2026 Form 8-K filing. Under Item 8.01, the company reported that its board of directors authorized a new Share Repurchase Program permitting the company to repurchase up to $300 million in aggregate of its Series A common stock, par value $0.001 per share. The filing describes Series A common stock as the class registered on the New York Stock Exchange under the symbol KVYO.

According to the filing, repurchases under the program may be executed through several methods, including open market purchases, privately negotiated transactions, 10b5-1 plans, or any combination of those approaches, subject to compliance with applicable securities laws and other requirements. The filing notes that the timing and number of shares repurchased "will depend on a variety of factors, including stock price, general business and market conditions and other considerations." The program carries no expiration date and does not commit the company to any fixed repurchase volume, and the filing states it may be modified, suspended, or discontinued at any time.

Separately, under Item 2.02, the company disclosed that it issued a press release on November 4, 2026, announcing financial results for the third quarter ended September 30, 2026. That press release was furnished as Exhibit 99.1 and is noted in the filing as intended to be "furnished" rather than "filed," meaning it is not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, as the filing expressly states. The 8-K was signed by Chief Financial Officer Erica Smith.

What Was Disclosed

Klaviyo, Inc. filed an 8-K on November 4, 2026, disclosing a board-authorized $300 million share repurchase program for Series A common stock with no expiration date and no fixed repurchase obligation, alongside the furnishing of a Q3 2026 earnings press release as Exhibit 99.1.