Marchex Inc. has announced a new share repurchase program, authorized by its Board of Directors, allowing the company to repurchase up to 3,000,000 shares of its Class B common stock. The repurchases can be made through open market and privately negotiated transactions at times and amounts deemed appropriate by the company. The 2025 Repurchase Program does not have an expiration date and can be altered or terminated at any time without prior notice.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.