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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marchex Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250513855435) on May 13, 2025, and is solely responsible for the information contained therein.