By Amira McKee
Shares of Upwork jumped after the company approved a $300 million share repurchase program.
The stock climbed 8% to $13.77 in midday Wednesday trading. The shares have retreated nearly 19% in the past year.
The operator of an online work marketplace said that its board of directors had authorized a new $300 million share repurchase program.
The program follows Upwork's repurchase of more than 9 million shares for $136 million in 2025, the company said.
Chief Executive Hayden Brown said the company's 2025 results positioned it to return value to shareholders while continuing to invest in key growth levers.
Write to Amira McKee at amira.mckee@wsj.com
(END) Dow Jones Newswires
February 18, 2026 11:50 ET (16:50 GMT)
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