QuinStreet Announces Plan to Resume Share Repurchase Program Under New Trading Plan
15 Maio 2023 - 9:03AM
Business Wire
QuinStreet, Inc. (Nasdaq: QNST), a leader in performance
marketplaces and technologies for the financial services and home
services industries, today announced the plan to resume
repurchasing shares of its common stock under a 10b5-1 trading
plan. The plan is part of QuinStreet’s already authorized and
previously announced $40 million share purchase program under which
approximately $20 million remains available and authorized for
stock repurchases.
QuinStreet’s resumption of stock repurchases under the new rule
10b5-1 reflects the expected transitory nature of insurance
industry challenges, the strength of the Company’s underlying
business model and financial position, and confidence in
QuinStreet’s long-term business outlook.
About QuinStreet
QuinStreet, Inc. (Nasdaq: QNST) is a leader in performance
marketplaces and technologies for the financial services and home
services industries. QuinStreet is a pioneer in delivering online
marketplace solutions to match searchers with brands in digital
media, and is committed to providing consumers with the information
and tools they need to research, find and select the products and
brands that meet their needs.
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version on businesswire.com: https://www.businesswire.com/news/home/20230515005225/en/
Investor Contact: Robert Amparo (347) 223-1682
ramparo@quinstreet.com
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