As disclosed in its fourth quarter and full year 2021 earnings release on February 10, 2022, GoDaddy’s Board of Directors authorized a multi-year $3 billion share repurchase plan. The ASR Agreements represent a significant step in this share repurchase plan.
Prior to these ASR Agreements, and since 2018, GoDaddy repurchased approximately 24 million shares of its Class A common stock for approximately $1.53 billion.
“We are committed to delivering value to shareholders through reducing our share count over time,” said Mark McCaffrey, GoDaddy CFO.
GoDaddy is empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online and in-person. GoDaddy is the place people come to name their idea, build a professional website, attract customers, sell their products and services, and manage their work. GoDaddy’s mission is to give its customers the tools, insights and the people to transform their ideas and personal initiative into success.
