1stdibs.Com, Inc. (DIBS) Completes $25.2M Share Buyback

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Go back to 1stdibs.Com, Inc. (DIBS) Completes $25.2M Share Buyback

1stDibs Announces Completion of $25.2 million Share Repurchase Program

June 10, 2024 9:00 AM EDT

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... More