Tranche Update on QuinStreet, Inc.'s Equity Buyback Plan announced on May 4, 2022.
November 03, 2023 at 11:06 pm IST
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From July 1, 2023 to September 30, 2023, the company has repurchased 177,511 shares, representing 0.33% for $1.57 million. With this, the company has completed the repurchase of 2,232,747 shares, representing 4.1% for $22.52 million under the buyback announced on May 4, 2022.
QuinStreet, Inc. is engaged in providing performance marketplaces and technologies for the financial services and home services industries. The Company allows clients to engage intent digital media or traffic from a range of device types, in multiple formats or types of media, and in a range of cost-per-action (CPA) forms. Its primary products include qualified clicks, leads, calls, applications and customers. The Company specializes in customer acquisition for clients in high value, information-intensive markets, or verticals. Its media sources include owned-and-operated organic or search engine optimization websites, targeted search engine marketing (SEM) or pay-per-click (PPC) campaigns, social media and mobile programs, internal email databases, call center operations, partnerships with large and small online media companies, and more. It owns or accesses targeted media through business arrangements; runs advertisements or other forms of marketing messages and programs, and others.