BrowserStack is conducting its third share buyback program, valued at $125 million, to provide liquidity to employees and early investors. Approximately 500 employees will benefit, with nearly half of the buyback proceeds allocated to staff selling their stock options. This initiative, funded entirely through internal profits, brings the company's total buyback value across three programs to around $275 million. Co-founder Ritesh Arora highlighted the program's aim to foster a sense of ownership among the team.