NEW YORK, Oct. 23,
2024 /PRNewswire/ --
Travelzoo® (NASDAQ: TZOO), the club for travel
enthusiasts, today announced that its board of directors has
authorized a new program to repurchase up to 1,000,000 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
We,
Travelzoo®, are the club for travel enthusiasts. Our 30 million
members receive exclusive offers and one-of-a-kind experiences
personally reviewed by our deal experts around the globe. We have
our finger on the pulse of outstanding travel, entertainment, and
lifestyle experiences. We work in partnership with more than 5,000
top travel suppliers—our long-standing relationships give Travelzoo
members access to irresistible deals.
Investor Relations:
ir@travelzoo.com
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SOURCE Travelzoo