other_material
confidence high
sentiment positive
materiality 0.60
ZipRecruiter repurchases 1.64M shares from IVP at $4.27/share under buyback program
ZIPRECRUITER, INC.
- Repurchased 1,639,345 shares from entities affiliated with Institutional Venture Partners.
- Purchase price of $4.27 per share; transaction approved by Audit Committee.
- IVP retains ~6.7M shares post-repurchase, representing about 9% of outstanding Class A common stock.
- Approximately $132.2M remains available for future buybacks under the existing program.
item 8.01