Tremor Video (TRMR) Announces $15M Buyback Plan

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Tremor Video Announces $15 Million Share Repurchase Program

March 29, 2016 4:15 PM EDT

NEW YORK--(BUSINESS WIRE)-- Tremor Video, Inc. (NYSE: TRMR), the premium video marketplace that provides buyers and sellers with software for video ad effectiveness, announced today that its Board of Directors has approved a share repurchase program, under which the Company is authorized to purchase up to $15 million of its common stock over the eighteen month period commencing March 25, 2016.

"Our Board of Directors and executive team believe that Tremor Videos growth prospects, long-term strategy and successful execution of its business are not reflected in the Companys current stock price, which represents an... More