Sezzle announces six-for-one split of common stock, $50M stock repurchase pact

Sezzle (SEZL) announced that the Company’s Board of Directors declared a six-for-one split of the Company’s common stock in the form of a stock dividend to make ownership more accessible to investors and employees. Each Sezzle stockholder of record at the close of business on March 21, will receive a dividend of 5 additional shares of common stock for every share held on the record date, to be distributed after the close of trading on March 28, 2025. Trading is expected to begin on a stock split adjusted basis on March 31. Additionally, the Board has authorized the Company to repurchase up to $50M of the Company’s common stock. The repurchase program has no fixed expiration, allowing flexibility in execution based on market conditions and other factors.