ZipRecruiter Inc. repurchases 1,750,547 units for $8 million at $4.57 per unit

Reuters11-18
<a href="https://laohu8.com/S/ZIP">ZipRecruiter Inc.</a> repurchases 1,750,547 units for $8 million at $4.57 per unit

ZipRecruiter Inc. has repurchased 1,750,547 shares of its Class A common stock from entities affiliated with Institutional Venture Partners at a purchase price of $4.57 per share, pursuant to a Share Repurchase Agreement. The transaction was approved by the company's Audit Committee and conducted under ZipRecruiter's existing share repurchase program. The value of the transaction is approximately $8,000,000. Following the buyback, IVP and its affiliates continue to hold over 5 million shares, representing roughly 7% of ZipRecruiter's outstanding Class A common stock.

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