1stDibs Announces Completion of $25.2 million Share Repurchase Program
![Business Wire](../../../Content/images/providers/BW.png)
1stdibs.com, Inc. (DIBS)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--1stdibs.com, Inc. (Nasdaq: DIBS), a leading marketplace for extraordinary design, today announced the successful completion of its share repurchase program in which the Company repurchased approximately 4.9 million shares at an average per share price of $5.12 for a total of $25.2 million. This total includes approximately 3.0 million shares repurchased from Insight Partners at an average price per share of $5.23 in a privately-negotiated transaction.“We are pleased to announce the successful completion of our share repurchase program,” said David Rosenblatt, 1stDibs Chief Executive Officer. “By buying back shares at prices that reflect a significant discount both to the market and to our assessment of intrinsic value, we have enhanced shareholder value as we work towards achieving profitability. This share repurchase program reduced our outstanding share count while maintaining our strong cash position, situating us well for future growth.”About 1stDibs
Show less
Read more
Impact Snapshot
Event Time:
DIBS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DIBS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DIBS alerts
High impacting 1stdibs.com, Inc. news events
Weekly update
A roundup of the hottest topics
DIBS
News
- Room screens bring beauty and boundaries to living spaces [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- 1stdibs.Com, Inc. (NASDAQ:DIBS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Are You Looking for a Top Momentum Pick? Why 1stdibs.com (DIBS) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- 1stDibs Reports First Quarter 2024 Financial ResultsGlobeNewswire
- 1stDibs to Announce First Quarter 2024 Financial Results on May 8, 2024GlobeNewswire
DIBS
Earnings
- 5/8/24 - Beat
DIBS
Sec Filings
- 6/18/24 - Form 4
- 6/17/24 - Form 144
- 6/12/24 - Form 4
- DIBS's page on the SEC website