NEW YORK, July 26,
2023 /PRNewswire/ --
Travelzoo® (NASDAQ: TZOO), a global Internet
media company that provides 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 Travelzoo
Travelzoo® provides its 30 million members with
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.
Travelzoo, Top 20, and Jack's Flight Club are registered
trademarks of Travelzoo.
Investor Relations:
ir@travelzoo.com
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SOURCE Travelzoo