secwatch.observer — SEC 8-K summary
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Issuer:     MediaAlpha, Inc. (MAX)
CIK:        0001818383
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001818383-22-000027
Event type: other_material
Sentiment:  positive
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MediaAlpha authorizes $5M share repurchase program for Q2-Q3 2022
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- Board approved up to $5.0M of Class A common stock repurchases, expected over Q2 and Q3 2022.
- CFO Patrick Thompson cites confidence in business strength and cash flow as rationale.
- Repurchases funded from cash on hand and operations; all bought shares will be canceled.
- Timing and amount subject to market conditions, capital needs, debt covenants, and legal limits.
- Program can be extended, suspended, or discontinued at any time without prior notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818383/000181838322000027/0001818383-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818383/000181838322000027/max-20220314.htm
  HTML page:      https://secwatch.observer/filing/0001818383-22-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer