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Dropbox Expands Credit Facility, Launches New $1.50 Billion Stock Buyback Plan
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Dropbox Expands Credit Facility, Launches New $1.50 Billion Stock Buyback Plan
Sep 9, 2025 6:06 AM

08:44 AM EDT, 09/09/2025 (MT Newswires) -- Dropbox ( DBX ) said Tuesday it has amended its credit agreement to add up to $700 million in delayed draw secured term loans to repay its 2026 convertible senior notes.

The company also said it approved a new $1.50 billion stock buyback plan.

Blackstone Credit & Insurance arranged and largely provided the amended loan facility, Dropbox ( DBX ) said.

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