Match Group Inc. hosted its inaugural investor day, where it announced plans to return 100% of its free cash flow to shareholders over the next three years through dividends and share repurchases. The company revealed a quarterly dividend of $0.19 per share and authorized a $1.5 billion share buyback program. However, Match Group also lowered its fourth-quarter revenue forecasts, disappointing investors who have been waiting for a turnaround in the dating app sector. Following the announcement, the stock price of Match Group ($MTCH) fell by 6.4%.