LiveRamp Holdings, Inc. Files 8-K

TL;DR

LiveRamp (RAMP) filed an 8-K on Aug 14th covering Reg FD, other events, and financials.

AI Summary

LiveRamp Holdings, Inc. filed an 8-K on August 14, 2024, reporting on various events. The filing includes information related to Regulation FD disclosures, other events, and financial statements and exhibits. The company, formerly known as Acxiom Holdings, Inc., is incorporated in Delaware and headquartered in San Francisco, CA.

Why It Matters

This 8-K filing provides important updates and disclosures from LiveRamp Holdings, Inc. to investors and the public.

Risk Assessment

Risk Level: low — This is a routine 8-K filing providing standard corporate disclosures and does not indicate any immediate material adverse events.

Key Numbers

• 001-38669 — Commission File Number (Identifies the company's SEC filing history)
• 83-1269307 — IRS Employer Identification No. (Company's tax identification number)

Key Players & Entities

• LiveRamp Holdings, Inc. (company) — Registrant
• Acxiom Holdings, Inc. (company) — Former company name
• August 14, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• San Francisco, CA (location) — Business address city and state

FAQ

Key Financial Figures

• $200 million — in 2011, to (i) authorize an additional $200 million in repurchases (the "Authorization Incr
• $1.3 billion — e Company's share repurchase program to $1.3 billion and (ii) extend its duration through De
• $978 m — tion Increase, the Company has utilized $978 million, leaving remaining capacity of $1
• $122 million — million, leaving remaining capacity of $122 million under the share repurchase program. Wit
• $322 million — Authorization Increase, the Company has $322 million in remaining capacity under the share r

Filing Documents

• tm2421720d1_8k.htm (8-K) — 33KB
• tm2421720d1_ex99-1.htm (EX-99.1) — 8KB
• 0001104659-24-089680.txt ( ) — 215KB
• ramp-20240814.xsd (EX-101.SCH) — 3KB
• ramp-20240814_lab.xml (EX-101.LAB) — 33KB
• ramp-20240814_pre.xml (EX-101.PRE) — 22KB
• tm2421720d1_8k_htm.xml (XML) — 4KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure Attached as Exhibit 99.1 and incorporated by reference herein is a press release dated August 14 , 2024 issued by LiveRamp Holdings, Inc. (the "Company"). The information set forth under this "Item 7.01. Regulation FD Disclosure" shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be incorporated by reference in any filing made by the Company pursuant to the Securities Act of 1933, as amended, other than to the extent that such filing incorporates by reference any or all of such information by express reference thereto.

01 Other Events

Item 8.01 Other Events On August 14, 2024, the Company announced that its Board of Directors approved an amendment to the Company's existing share repurchase program, which was initially adopted in 2011, to (i) authorize an additional $200 million in repurchases (the "Authorization Increase"), thereby increasing the total amount authorized for repurchase under the Company's share repurchase program to $1.3 billion and (ii) extend its duration through December 31, 2026. Prior to the Authorization Increase, the Company has utilized $978 million, leaving remaining capacity of $122 million under the share repurchase program. With the Authorization Increase, the Company has $322 million in remaining capacity under the share repurchase program. As part of the share repurchase program, shares may be purchased in open market transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Exchange Act. The timing, manner, price and amount of any repurchases will be determined at the Company's discretion, and the share repurchase program may be suspended, terminated or modified at any time for any reason. The repurchase program does not obligate the Company to acquire any specific number of shares, and all open market repurchases will be made in accordance with Exchange Act Rule 10b-18, which sets certain restrictions on the method, timing, price and volume of open market share repurchases.

Forward Looking Statements

Forward Looking Statements This Item 8.01 contains forward-looking These statements, which are not statements of historical fact, are based on management's current estimates, assumptions, projections and/or expectations and are subject to certain risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict, including, but not limited to, potential changes in the market price of the Company's common stock and changes in the Company's operating results, financial condition and cash requirements. These forward-looking statements are not guarantees of future performance and are subject to a number of factors and uncertainties that could cause the Company's actual results and experiences to differ materially from the anticipated results and expectations expressed in the forward-looking statements. The forward-looking statements contained in this Form 8-K are also subject to other risks and uncertainties, including those described in the Company's Annual Report on Form 10-K for the period ended March 31, 2024, the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 and from time to time other filings with the U.S. Securities and Exchange Commission. Shareholders of the Company are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. The Company does not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after the date of this press release, or to reflect the occurrence of unanticipated events.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release of the Company dated August 14, 2024 104 Cover Page Interactive Data File

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LIVERAMP HOLDINGS, INC. By: /s/ Jerry C. Jones Jerry C. Jones EVP, Chief Ethics and Legal Officer and Secretary Date: August 14, 2024

View Full Filing

View this 8-K filing on SEC EDGAR