PubMatic, Inc. filed a Form 8-K on November 9, 2026, reporting its financial results for the fiscal quarter ended September 30, 2026, and disclosing a $150 million increase to its share repurchase program authorized by its Board of Directors on the same date.

Key Highlights

  • Repurchase program increase: The Board of Directors authorized an additional $150 million to the existing share repurchase program on November 9, 2026.
  • Remaining availability before increase: As of September 30, 2026, approximately $48 million remained available under the prior program.
  • Total available after increase: Up to approximately $198 million of Class A common stock may be repurchased following November 9, 2026, through December 31, 2028.
  • Program term extended: The term of the repurchase program was extended through December 31, 2028.
  • Quarterly results disclosed: A press release announcing financial results for the fiscal quarter ended September 30, 2026, was furnished as Exhibit 99.1.
  • Non-GAAP information referenced: The company disclosed that the press release includes non-GAAP financial information, with a GAAP-to-non-GAAP reconciliation provided in Exhibit 99.1.

PubMatic Board Expands Buyback Capacity and Extends Program Through 2028

PubMatic, Inc. (NASDAQ:PUBM) filed a current report on November 9, 2026, covering two matters: the furnishing of its fiscal third-quarter financial results and an expansion of its share repurchase authorization. According to the filing, as of September 30, 2026, approximately $48 million remained available under the company's existing share repurchase program.

The filing disclosed that on November 9, 2026, the company's Board of Directors authorized an increase of $150 million to the program and extended its term through December 31, 2028. As a result, the company reported that up to approximately $198 million of Class A common stock may be repurchased "following the date hereof and through December 31, 2028." The filing noted that repurchases may occur through open market transactions or privately negotiated transactions, and may be structured in accordance with Rule 10b-18 of the Exchange Act. The company may also enter into Rule 10b5-1 plans to facilitate repurchases.

The filing stated that "the repurchase program does not obligate the Company to acquire any particular amount of its Class A common stock, and it may be modified, suspended, or discontinued at any time at the Company's discretion." Timing and volume of repurchases may depend on factors including price, general business and market conditions, and alternative investment opportunities, according to the filing. The financial results press release, which includes non-GAAP financial measures and a GAAP reconciliation, was furnished as Exhibit 99.1 and is not deemed "filed" for purposes of Section 18 of the Exchange Act, as the filing noted. The report was signed by Steven Pantelick, Chief Financial Officer.

What Was Disclosed

PubMatic filed an 8-K on November 9, 2026, disclosing a $150 million increase to its share repurchase program, bringing available capacity to approximately $198 million through December 31, 2028, and furnishing a press release with fiscal Q3 2026 financial results.