Sezzle Authorizes New $15 Million Stock Repurchase Program

Core Viewpoint - Sezzle Inc. has authorized a new stock repurchase program of $15 million following the completion of a previous $5 million repurchase plan, indicating confidence in the company's momentum and commitment to maximizing shareholder value through disciplined capital allocation [1][2]. Group 1: Stock Repurchase Program - The Board of Directors has approved an additional $15 million stock repurchase program after completing a $5 million plan announced on December 22, 2023 [1]. - The timing, manner, and amount of stock purchases will depend on market conditions, stock price, and other factors [1]. - The new repurchase program will be executed in compliance with SEC Rule 10b-18 and federal securities laws, and it does not obligate the company to acquire a specific amount of stock [2]. Group 2: Company Overview - Sezzle is a fintech company focused on empowering consumers through a digital payment platform that offers interest-free installment plans at online and select in-store locations [3]. - The platform aims to increase purchasing power for millions of consumers, promoting responsible spending and financial freedom [3].