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.