Travelzoo (TZOO) Announces 1M Share Repurchase Program
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Travelzoo Announces Share Repurchase Program
February 15, 2017 5:25 PM ESTNEW YORK--(BUSINESS WIRE)-- Travelzoo (NASDAQ: TZOO), a global publisher of travel and entertainment offers, today announced that its board of directors has authorized the repurchase of up to 1 million of the Company's outstanding common shares.
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.
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