BUZZ-Sezzle rises after stock split, $50 million share repurchase program

Reuters
03-11
BUZZ-<a href="https://laohu8.com/S/SZL.AU">Sezzle</a> rises after stock split, $50 million share repurchase program

** Buy now, pay later firm Sezzle's SEZL.O shares rise as much as 7.3%; last up 4.8% at $214

** SEZL late Monday announced a six-for-one stock split

** Shareholders of record as of March 21 will receive five additional shares for each share held, with trading on a split-adjusted basis to begin on March 31

** Stock split makes shares more accessible to investors and can benefit companies by increasing liquidity

** SEZL also announced a $50 million stock repurchase program

** Stock down 16.7% YTD, after rocketing 1,147% in 2024

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

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