Golden Finance reports that Coinbase has announced its board of directors authorized and approved a stock buyback 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 the buyback will depend on market conditions. The company added that the buyback will be at its discretion and there is no obligation to "repurchase any amount or number of Class A common stock, and this plan may be modified, suspended, or terminated at any time."