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DESP - Despegar.com board approves $40M in share repurchase program
Despegar.com Corp.
Despegar.com (NYSE:DESP) board approves new share repurchase program enabling the company to repurchase up to $40M of its shares, effective June 14, 2022 and expires on Aug.12, 2022. Current share repurchase program forms 7.7% of its total current market cap. YTD, the shares lost 31.1%.