Cars announces $200 million share repurchase program

Chicago, feb. 24, 2022 /prnewswire/ -- cars.com inc. (nyse: cars) ("cars" or the "company"), a leading automotive marketplace platform that provides a robust set of digital solutions, today announced that its board of directors (the "board") has authorized the repurchase of up to $200 million of the company's outstanding shares of common stock over the next three years. the company intends to fund the share repurchase program with cash from operations.
CARS Ratings Summary
CARS Quant Ranking