TrueCar Increases Share Buyback Program to $100 Million

TrueCar (TRUE) has released an update.

The Board of Directors of the Company has decided to boost their share repurchase program, raising the available funds from $45.8 million to a substantial $100 million. Additionally, they’ve pushed back the program’s expiration date, giving themselves until the end of 2026 to execute buybacks. This move shows a commitment to return value to shareholders, though it doesn’t necessarily guarantee that any specific amount will be repurchased.

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