CarGurus, Inc. (NasdaqGS:CARG) announces a share repurchase program. Under the program, the company will repurchase up to $250 million worth of its Class A common stock. All repurchased shares will be retired.

The company expects to fund any share repurchases through cash on hand and cash generated from operations. The share repurchase program has an expiration date of December 31, 2024.