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Thumzup Media Corporation Announces Insider Open Market Stock Purchases and Ongoing Share Repurchase Activity
TZUPThumzup Media Corporation(TZUP) Prnewswire·2025-03-21 16:56

Core Viewpoint - Thumzup Media Corporation is demonstrating strong insider confidence and commitment to shareholder value through recent stock purchases and share repurchase activities, alongside significant growth in its advertising platform [1][4][5]. Insider Transactions - In March 2025, insiders purchased approximately 60,381worthofcommonstockatpricesbetween60,381 worth of common stock at prices between 3.56 and 3.72pershare,followingapreviousacquisitionofabout3.72 per share, following a previous acquisition of about 62,000 in December 2024 at prices ranging from 3.20to3.20 to 4.73 per share [2]. - Cumulatively, insiders have invested over 742,000sincethecompanysinception,indicatingastrongbeliefinThumzupsstrategicdirectionandlongtermgrowthprospects[6][7].ShareRepurchaseProgramThumzuphasrepurchasedapproximately742,000 since the company's inception, indicating a strong belief in Thumzup's strategic direction and long-term growth prospects [6][7]. Share Repurchase Program - Thumzup has repurchased approximately 216,000 of its common stock in the past three trading days under its 1millionsharebuybackprogram,withrepurchasepricesrangingfrom1 million share buyback program, with repurchase prices ranging from 3.58 to $3.68 per share [3][6]. - The company plans to continue repurchasing shares as market conditions allow, reflecting its commitment to enhancing shareholder value [4]. Business Growth - Thumzup has surpassed 700 advertisers on its platform, achieving a compound annual growth rate (CAGR) exceeding 200 percent, and is actively evaluating strategic acquisition opportunities that generate meaningful revenue and positive cash flows [5]. - The Thumzup app allows users to earn cash for posting about participating advertisers on social media, democratizing the social media branding and marketing industry [6][8].