Marqeta, Inc. (MQ) Announces $100M Share Buyback
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Marqeta Announces $100 Million Share Repurchase Program
September 15, 2022 8:30 AM EDTOAKLAND, Calif.--(BUSINESS WIRE)-- Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced that its Board of Directors has unanimously authorized a share repurchase program of up to $100 million of Marqetas Class A common stock.
The share repurchase program demonstrates the confidence our Board and management team have in the strength of our business and future growth prospects, said Jason Gardner, Founder and CEO of Marqeta. We see a specific moment-in-time opportunity for us to execute a share buy-back program as we do not believe our current valuation reflects our... More
