1stdibs repurchases 2.98M shares from Insight for $15.6M; board adds $5.5M to buyback program

1stdibs.com, Inc.

Repurchase 2,982,446 shares at $5.2021 per share plus $0.025 commission; total $15,589,543.49.
Sellers are Insight Venture Partners entities; closing expected on or about June 7, 2024.
Board increased repurchase authorization by $5.5M to $25.5M total; ~$0.3M remains after this deal.
Before this transaction, company had repurchased ~$9.6M under the program.

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