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According to the latest data, in March alone, geopolitical headwinds led to a reduction in company revenue by approximately $20 million to $25 million. This impact mainly stems from the chain reaction of conflicts in the Middle East affecting the digital advertising market. Advertisers generally cut marketing budgets during periods of turmoil, putting direct pressure especially on social media platforms that rely on advertising revenue. As a company that mainly profits from advertising, Snap is particularly sensitive to changes in the geopolitical environment. Notably, the disclosed financial impact only reflects data from March, and the total impact throughout the first quarter may be more complex. The company is closely monitoring the situation and actively adjusting its business strategies to address potential risks.

The plan authorizes the company to use up to $300 million to repurchase its own shares over the next few years, with the execution period continuing until December 31, 2029. The launch of this stock buyback program demonstrates management's confidence in the company's long-term development prospects. By repurchasing outstanding shares, the company aims to optimize its capital structure and increase earnings per share, thus creating greater value for shareholders. According to the terms of authorization, the buyback operations can be carried out flexibly based on market conditions, and the specific scale and timing of implementation will depend on multiple factors. It is worth noting that the plan does not require the company to complete the entire authorized buyback amount by the deadline.

According to its disclosed financial plan, the majority of these expenditures will be recognized in the second quarter of this year. The estimated range of this restructuring cost reflects the company's ongoing investment in organizational optimization and operational efficiency improvement. Although specific restructuring details have not been fully disclosed, market analysts believe this may involve personnel adjustments, business line integration, and the optimization of global office space layouts. Financial experts point out that such one-time restructuring costs, while placing pressure on short-term profits, are typically seen as necessary investments for a company's long-term healthy development. Through structural adjustments, companies are often able to achieve a more sustainable cost structure and more agile business responsiveness.