Travelzoo Announces Share Repurchase Program
May 07 2019 - 7:00AM
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 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 TravelzooTravelzoo®
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 irresistible
deals.
Travelzoo and Top 20 are registered trademarks of Travelzoo.
Investor Relations:Lijun Qiir@travelzoo.com
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