Golden Finance reported that Coinbase announced its board has authorized and approved a stock repurchase plan in October 2024, allowing for the repurchase of up to $1 billion of Class A common stock, with no expiration date for the plan. The specific timing and amount of repurchases will depend on market conditions. The company added that the repurchase will be made at its discretion and there is no obligation to "repurchase any amount or number of Class A common stock, and the plan may be modified, suspended, or terminated at any time."