{"success":true,"data":{"pressRelease":{"id":"37241","rtpr_id":"nGNX7vCx0N","ticker":"LIF","exchange":"NASDAQ","all_tickers":["LIF"],"title":"Life360 Board of Directors Authorizes Up to $225 Million Multi-Year Share Repurchase Program to Offset Stock-Based Compensation Dilution","author":"Globe Newswire","published_at":"2026-05-17T21:00:00.036Z","article_body":"SAN FRANCISCO, May 17, 2026 (GLOBE NEWSWIRE) -- Life360, Inc. (NASDAQ: LIF;\nASX: 360), the provider of the market-leading family safety and connection\nmobile application, today announced that its Board of Directors has authorized\nmanagement’s deployment of a multi-year share repurchase program of up to\n$225 million (the “Program”).\n\nThe objective of the Program is designed to return value to our shareholders\nby minimizing dilution from stock-based instruments. The Program represents a\nproductive deployment of the Company’s capital, supported by a strong\nbalance sheet and twelve consecutive quarters of positive operating cash flow.\n\n“We remain focused on investing in the Life360 platform as we grow our\nglobal member base and deepen the value we deliver to families,” said\nLife360 Chief Executive Officer Lauren Antonoff. “This targeted share\nrepurchase program reflects the Board’s confidence in the durability of our\nmodel, our disciplined capital allocation, and our ability to generate\nconsistent long-term cash flow.”\n\nUnder the Program, Life360 may repurchase shares of its common stock in the\nUnited States from time to time in the open market over a multi-year period,\nat prevailing market prices, in privately negotiated transactions, in block\ntrades, and/or through other legally permissible means, depending on market\nconditions and in accordance with applicable rules and regulations (including\nthrough Rule 10b5-1 trading plans and under 10b-18 of the Exchange Act). The\ntiming and amount of repurchases will be determined at management’s\ndiscretion based on market conditions, share price, liquidity, and other\nfactors. The Program does not obligate the Company to acquire any specific\nnumber or dollar amount of shares and may be suspended, modified, or\ndiscontinued at any time.\n\nAbout Life360, Inc. \nLife360, a family connection and safety company, keeps people close to the\nones they love. The category-leading mobile app and hardware tracking devices\nempower members to stay connected to the people, pets, and things they care\nabout most, with a range of services, including location sharing, safe driver\nreports, and crash detection with emergency dispatch. As a remote-first\ncompany based in the San Francisco Bay Area, Life360 serves approximately 97.8\nmillion monthly active users (MAU), as of March 31, 2026, across more than 180\ncountries. Life360 delivers peace of mind and enhances everyday family life in\nall the moments that matter, big and small. For more information, please visit\nlife360.com\n(https://www.globenewswire.com/Tracker?data=uDOvwGud7_PNyOL3vTEZ_ogaN9aS8qhAhlPEmzHkJE1a76_XQdvOUWSg7pWqex5BxuVMcXZLCFeJcbmp2AC8Aw==)\n\nForward-Looking Statements \nThis press release contains forward-looking statements within the meaning of\nthe safe harbor provisions of the Private Securities Litigation Reform Act of\n1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E\nof the Exchange Act. Forward-looking statements include statements regarding\nthe Company’s intended share repurchases, capital allocation priorities,\nfinancial performance, and strategic plans. Such statements involve risks and\nuncertainties that could cause actual results to differ materially, including\nchanges in market conditions, the Company’s financial position, and factors\ndescribed under “Risk Factors” in the Company’s most recent Annual\nReport on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with\nthe SEC and available on the ASX Market Announcements Platform. The Company\nundertakes no obligation to update any forward-looking statements except as\nrequired by law.\n\nContacts\n\n For U.S. investor inquiries:        For U.S. media inquiries:        \n Raymond (RJ) Jones                  Lynnette Bruno                   \n rjones@life360.com                  press@life360.com                \n                                                                      \n For Australian investor inquiries:  For Australian media inquiries:  \n Jolanta Masojada, +61 417 261 367   Giles Rafferty, +61 481 467 903  \n jmasojada@life360.com               grafferty@firstadvisers.com.au   \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0d8c6214-b793-495d-943e-9bc10df8296a)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7vCx0N","title":"Life360 Board of Directors Authorizes Up to $225 Million Multi-Year Share Repurchase Program to Offset Stock-Based Compensation Dilution","author":"Globe Newswire","ticker":"LIF","created":"2026-05-17T21:00:00.036Z","tickers":["LIF"],"exchange":"NASDAQ","article_body":"SAN FRANCISCO, May 17, 2026 (GLOBE NEWSWIRE) -- Life360, Inc. (NASDAQ: LIF;\nASX: 360), the provider of the market-leading family safety and connection\nmobile application, today announced that its Board of Directors has authorized\nmanagement’s deployment of a multi-year share repurchase program of up to\n$225 million (the “Program”).\n\nThe objective of the Program is designed to return value to our shareholders\nby minimizing dilution from stock-based instruments. The Program represents a\nproductive deployment of the Company’s capital, supported by a strong\nbalance sheet and twelve consecutive quarters of positive operating cash flow.\n\n“We remain focused on investing in the Life360 platform as we grow our\nglobal member base and deepen the value we deliver to families,” said\nLife360 Chief Executive Officer Lauren Antonoff. “This targeted share\nrepurchase program reflects the Board’s confidence in the durability of our\nmodel, our disciplined capital allocation, and our ability to generate\nconsistent long-term cash flow.”\n\nUnder the Program, Life360 may repurchase shares of its common stock in the\nUnited States from time to time in the open market over a multi-year period,\nat prevailing market prices, in privately negotiated transactions, in block\ntrades, and/or through other legally permissible means, depending on market\nconditions and in accordance with applicable rules and regulations (including\nthrough Rule 10b5-1 trading plans and under 10b-18 of the Exchange Act). The\ntiming and amount of repurchases will be determined at management’s\ndiscretion based on market conditions, share price, liquidity, and other\nfactors. The Program does not obligate the Company to acquire any specific\nnumber or dollar amount of shares and may be suspended, modified, or\ndiscontinued at any time.\n\nAbout Life360, Inc. \nLife360, a family connection and safety company, keeps people close to the\nones they love. The category-leading mobile app and hardware tracking devices\nempower members to stay connected to the people, pets, and things they care\nabout most, with a range of services, including location sharing, safe driver\nreports, and crash detection with emergency dispatch. As a remote-first\ncompany based in the San Francisco Bay Area, Life360 serves approximately 97.8\nmillion monthly active users (MAU), as of March 31, 2026, across more than 180\ncountries. Life360 delivers peace of mind and enhances everyday family life in\nall the moments that matter, big and small. For more information, please visit\nlife360.com\n(https://www.globenewswire.com/Tracker?data=uDOvwGud7_PNyOL3vTEZ_ogaN9aS8qhAhlPEmzHkJE1a76_XQdvOUWSg7pWqex5BxuVMcXZLCFeJcbmp2AC8Aw==)\n\nForward-Looking Statements \nThis press release contains forward-looking statements within the meaning of\nthe safe harbor provisions of the Private Securities Litigation Reform Act of\n1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E\nof the Exchange Act. Forward-looking statements include statements regarding\nthe Company’s intended share repurchases, capital allocation priorities,\nfinancial performance, and strategic plans. Such statements involve risks and\nuncertainties that could cause actual results to differ materially, including\nchanges in market conditions, the Company’s financial position, and factors\ndescribed under “Risk Factors” in the Company’s most recent Annual\nReport on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with\nthe SEC and available on the ASX Market Announcements Platform. The Company\nundertakes no obligation to update any forward-looking statements except as\nrequired by law.\n\nContacts\n\n For U.S. investor inquiries:        For U.S. media inquiries:        \n Raymond (RJ) Jones                  Lynnette Bruno                   \n rjones@life360.com                  press@life360.com                \n                                                                      \n For Australian investor inquiries:  For Australian media inquiries:  \n Jolanta Masojada, +61 417 261 367   Giles Rafferty, +61 481 467 903  \n jmasojada@life360.com               grafferty@firstadvisers.com.au   \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/0d8c6214-b793-495d-943e-9bc10df8296a)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-17T21:00:00.071192363Z","server_sent_at_ms":1779051600071},"received_at":"2026-05-17T21:00:00.139Z","source_url":null},"analysis":{"id":"26684","press_release_id":"37241","analysis_json":{"industry":{"label":"Interactive Media & Services","sector":"Information Technology"},"redFlags":[],"eventType":"buyback","narrative":"Life360’s Board authorized a multi-year share repurchase program of up to $225 million.\n\nThe program is explicitly designed to offset dilution from stock-based compensation, signaling a commitment to maintaining shareholder value.\n\nCEO Lauren Antonoff cited the company’s strong balance sheet and twelve consecutive quarters of positive operating cash flow as support for this capital deployment.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Life360 authorizes $225M buyback to combat SBC dilution, backed by 12 quarters of positive OCF."},"keyFigures":{"customDimensions":{"mau":97800000,"buyback_authorization":225000000}},"quotedText":"This targeted share repurchase program reflects the Board’s confidence in the durability of our model, our disciplined capital allocation, and our ability to generate consistent long-term cash flow.","namedEntities":{"people":[{"name":"Lauren Antonoff","role":"CEO"},{"name":"Raymond (RJ) Jones","role":"Investor Relations"},{"name":"Lynnette Bruno","role":"Media Relations"},{"name":"Jolanta Masojada","role":"Investor Relations"},{"name":"Giles Rafferty","role":"Media Relations"}],"products":["Life360 app","hardware tracking devices"],"companies":[{"name":"Life360, Inc.","ticker":"LIF"}],"dollarAmounts":[{"amount":"$225 million","context":"share repurchase program authorization"}]},"materialImpact":{"score":3,"reasoning":"Authorization of a $225M multi-year buyback program is a positive capital allocation signal, explicitly aimed at offsetting stock-based compensation dilution. It is not a surprise event (routine governance) but material for a mid-cap consumer app company."},"tickerRelevance":{"others":[],"primary":"LIF"},"globalImportance":35,"audienceRelevance":45,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"capital_allocation","sectorWeight":"consumer-tech","householdBrandBoost":"high","retailFavoriteBoost":"moderate"}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Life360’s Board authorized a multi-year share repurchase program of up to $225 million.\n\nThe program is explicitly designed to offset dilution from stock-based compensation, signaling a commitment to maintaining shareholder value.\n\nCEO Lauren Antonoff cited the company’s strong balance sheet and twelve consecutive quarters of positive operating cash flow as support for this capital deployment.","key_figures":{"customDimensions":{"mau":97800000,"buyback_authorization":225000000}},"named_entities":{"people":[{"name":"Lauren Antonoff","role":"CEO"},{"name":"Raymond (RJ) Jones","role":"Investor Relations"},{"name":"Lynnette Bruno","role":"Media Relations"},{"name":"Jolanta Masojada","role":"Investor Relations"},{"name":"Giles Rafferty","role":"Media Relations"}],"products":["Life360 app","hardware tracking devices"],"companies":[{"name":"Life360, Inc.","ticker":"LIF"}],"dollarAmounts":[{"amount":"$225 million","context":"share repurchase program authorization"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-17T21:00:14.605Z","global_importance":35,"audience_relevance":45,"importance_components":{"tickerTier":"mid-cap","eventGravity":"capital_allocation","sectorWeight":"consumer-tech","householdBrandBoost":"high","retailFavoriteBoost":"moderate"}},"durationMs":14390,"modelName":"george-droid-qwen-72b"}}