NEW
YORK, April 30, 2024 /PRNewswire/ --
Travelzoo® (NASDAQ: TZOO), the club for travel
enthusiasts, 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
We, Travelzoo®, are the club for
travel enthusiasts. Our 30 million members receive 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.
Investor Relations:
ir@travelzoo.com
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SOURCE Travelzoo