Lightspeed Commerce shareholders approved all proposals at the company's annual and special meeting, including the election of seven incumbent directors, the reappointment of PricewaterhouseCoopers LLP as auditor, an advisory vote on executive compensation, and the renewal of the omnibus equity incentive plan. Founder and CEO Dax Dasilva said fiscal 2026 marked the first year of a multiyear transformation, with customer locations in its growth markets up 11%, adjusted EBITDA rising 35% to C$72.5 million, and positive adjusted free cash flow of C$18.2 million. The company is focusing on North American retail and European hospitality while simplifying operations through the Upserve divestiture and returning capital via share repurchases; it bought back 18.7 million shares for $220 million through March 2026 and renewed its buyback program.
Lightspeed Commerce IncShareholders approved all proposals, including share buyback program and executive compensation, while the company reported strong financial metrics (adjusted EBITDA up 35%, positive free cash flow) and a renewed buyback.