Tranche Update on Ziff Davis, Inc. (NasdaqGS:ZD)'s Equity Buyback Plan announced on August 10, 2020.
March 15, 2022 at 06:22 am EDT
Share
From October 1, 2021 to December 1, 2021, the company has repurchased 445,711 shares, representing 0.93% for $47.7 million. With this, the company has completed the repurchase of 2,936,310 shares, representing 6.29% for $225.77 million under the buyback announced on August 10, 2020.
Ziff Davis, Inc. is a vertically focused digital media and Internet company. Its portfolio includes brands in technology, shopping, gaming and entertainment, connectivity, health, cybersecurity, and Martech. Its segments include Digital Media and Cybersecurity and Martech. The Digital Media segment specializes in the technology, shopping, gaming and entertainment, connectivity, and healthcare markets, offering content, tools, and services to consumers and businesses. Its Digital Media business operates a portfolio of Web properties and apps, which includes IGN, RetailMeNot, Mashable, PCMag, Humble Bundle, Speedtest, Offers.com, Black Friday, Medpage Today, Everyday Health, BabyCenter, What to Expect and others. The Cybersecurity and Martech segment provide cloud-based subscription services to consumers and businesses, including cybersecurity, privacy, and marketing technology. It markets its Cybersecurity and Martech offerings to a spectrum of prospective business customers.