other material
confidence high
sentiment positive
materiality 0.55
ZipRecruiter enters $50M accelerated share repurchase deal with Goldman Sachs
ZIPRECRUITER, INC.
- Company enters ASR with Goldman Sachs to repurchase $50M of Class A common stock.
- Initial delivery of approximately 1.8M shares expected by March 23, 2022.
- Final settlement based on VWAP during term; expected by Q2 2022.
- After ASR, approximately $37.7M remains available under $100M buyback program.
- Program has no expiration; may be suspended or terminated at any time.