Travelzoo Announces Share Repurchase Program
March 05 2018 - 2:02PM
Business Wire
Travelzoo® (NASDAQ: TZOO), a global publisher of exclusive
offers and experiences for members, today announced that its board
of directors has authorized the repurchase of up to 500,000 shares
of the Company's outstanding common stock.
Purchases may be made, from time to time, in the open market and
will be funded from available cash. The number of shares to be
purchased and the timing of purchases will be based on the level of
Travelzoo's cash balances, general business and market conditions,
and other factors, including alternative investment
opportunities.
About Travelzoo
Travelzoo® provides our 28 million members insider deals and
one-of-a-kind experiences personally reviewed by one of our deal
experts around the globe. With more than 25 offices worldwide, we
have our finger on the pulse of outstanding travel, entertainment,
and lifestyle experiences. For over 15 years we have worked in
partnership with more than 2,000 top travel suppliers—our
long-standing relationships give Travelzoo members access to the
very best deals.
Travelzoo and Top 20 are registered trademarks of Travelzoo.
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TravelzooInvestor Relations:Lijun
Qiir@travelzoo.com
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