Twilio Inc.
Twilio Expands Share Repurchase Program and Outlines Financial Targets
Summary
Twilio Inc. has authorized an additional $2 billion share repurchase program and provided financial targets for fiscal years 2024 and 2025. The company has also concluded an operational review of its Segment business and appointed Thomas Wyatt as President of Segment, effective March 11, 2024.
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About Twilio Inc.
Twilio Inc. is a cloud communications platform company that empowers developers to build and manage software communications solutions. Known for its robust application programming interfaces (APIs), Twilio facilitates voice, messaging, video, and email functions for a myriad of applications, making communication simple and programmable. The platform serves a wide array of industries, including retail, healthcare, education, and finance, enabling these sectors to seamlessly integrate communication services into their applications. Founded in 2008, Twilio has established itself as a key enabler of digital transformation, providing scalable and reliable communication technology to businesses of all sizes. Through its pioneering technology, Twilio continues to play a pivotal role in the evolution of customer engagement strategies, supporting companies worldwide in crafting personalized connections with their clients and users. It is known for its customer-centric approach, continuously evolving its services to meet the dynamic needs of the global communications market.
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