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Sezzle Authorizes $100 Million Stock Repurchase Program after Completing $50 Million Program
Globenewswire· 2025-12-15 21:02
Core Viewpoint - Sezzle Inc. has authorized an additional $100 million stock repurchase program following the completion of a previous $50 million program, reflecting the company's strong financial position and commitment to enhancing shareholder value [1][2]. Summary by Sections Stock Repurchase Program - The company has completed a $50 million stock repurchase program and authorized an additional $100 million, indicating confidence in its business and financial health [1][2]. - Sezzle has repurchased 2.9 million shares at an average price of $24.03 through its stock repurchase initiatives [1]. Management Commentary - Charlie Youakim, Executive Chairman and CEO, emphasized that the expanded repurchase authorization demonstrates a disciplined approach to capital allocation in a favorable market environment [2]. - The repurchase program is flexible, with no fixed expiration, allowing the company to execute based on market conditions [2]. Company Overview - Sezzle is a fintech company focused on empowering consumers through interest-free installment payment options, enhancing purchasing power for millions [4]. - The platform aims to provide transparent and inclusive payment solutions, promoting responsible spending and financial freedom [4].
Sezzle Announces Six-for-One Stock Split and $50 Million Stock Repurchase Program
Globenewswire· 2025-03-10 20:09
分组1 - Sezzle Inc. announced a six-for-one stock split to enhance ownership accessibility for investors and employees, with stockholders receiving 5 additional shares for each share held as of March 21, 2025 [1] - The stock split will be distributed after trading closes on March 28, 2025, and trading on a split-adjusted basis is expected to begin on March 31, 2025 [1] - The Board has authorized a stock repurchase program of up to $50 million, which has no fixed expiration, allowing flexibility based on market conditions [2][3] 分组2 - Repurchases will be conducted in open market transactions in compliance with SEC Rule 10b-18 and federal securities laws, with no obligation to acquire a specific amount of stock [3] - Sezzle is a fintech company focused on empowering consumers through interest-free installment plans, enhancing purchasing power and promoting financial responsibility [5]