CarGurus authorizes $250M share repurchase program through Dec 31, 2023

CarGurus, Inc.

Board authorized repurchase of up to $250M of Class A common stock.
Program expires December 31, 2023; may be modified, suspended or discontinued anytime.
Repurchases may be made via open market, private transactions, or Rule 10b5-1 plans.
CEO Jason Trevisan cited strong balance sheet and commitment to returning cash to shareholders.
No minimum repurchase obligation; timing and amounts depend on market conditions.

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