Tranche Update on Toast, Inc.'s Equity Buyback Plan announced on February 15, 2024.
May 08, 2024 at 06:07 am
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From February 13, 2024 to March 31, 2024, the company has repurchased 164,000 shares, representing 0.03% for $3.97 million. With this, the company has completed the repurchase of 164,000 shares, representing 0.03% for $3.97 million under the buyback announced on February 15, 2024.
Toast, Inc. offers cloud-based, end-to-end technology digital platform for the restaurant community. The Companyâs platform provides a suite of software as a service (SaaS), products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and an ecosystem of third-party partners. The Company's portfolio spans several product categories, including restaurant operations and point of sale, digital ordering and delivery, marketing and loyalty, team management, supply chain and accounting, financial technology solutions, and platform and insights. The Company serves as the restaurant operating system, connecting front-of-house and back-of-house operations across dine-in, takeout, and delivery channels. The Companyâs subsidiaries include Toasttab Ireland Limited, Toast Capital LLC, Toast Processing Services LLC, Toast MSC, Inc., Stratex HoldCo, LLC and OAE Software, LLC.