Sezzle Inc. has authorized a $100 million stock repurchase program after completing a $50 million program.
Through the stock repurchase programs, Sezzle has repurchased 2.9 million shares at an average purchase price of $24.03.
The authorization reflects Sezzle's strong financial position and long-term conviction in the business.
Repurchase Program Details
Sezzle completed a $50 million stock repurchase program and authorized an additional $100 million repurchase; reflecting confidence in the business.
Financial Strength
The completion of the repurchase program demonstrates Sezzle's strong financial position and disciplined capital allocation approach.
Market Opportunity
Sezzle views the current market environment as attractive for enhancing shareholder value through stock repurchases.
- The expanded authorization for a $100 million repurchase program signifies Sezzle's confidence in its future growth and financial stability.
- The flexibility in execution under the program indicates Sezzle's strategic approach to capital allocation in varying market conditions.
Sezzle's announcement of the $100 million stock repurchase program highlights the company's commitment to enhancing shareholder value and reflects confidence in its business outlook.