ZDGE - Zedge climbs ~3% on announcing $1.5M share repurchase program
- Zedge ( NYSE: ZDGE ) said Tuesday that its board authorized a share repurchase program permitting the company to purchase up to an aggregate of 1.5M shares of Class B common stock.
- Zedge had ~14.86M shares outstanding (on a diluted basis) as of April 30, 2022.
- The program is equivalent to ~3.01% of Zedge's current market capitalization .
- Shares are up 3.32% premarket.
For further details see:
Zedge climbs ~3% on announcing $1.5M share repurchase program