other material
confidence high
sentiment positive
materiality 0.50
ZoomInfo authorizes $100M share repurchase program
ZoomInfo Technologies Inc.
- Board approved repurchase of up to $100 million of ZoomInfo common stock.
- Program to be funded from working capital and operating cash flow; open market transactions.
- CEO cites strong growth, profitability, and free cash flow as reasons for buyback.
- Repurchases are discretionary; program may be suspended or discontinued at any time.