EverQuote Announces $21 Million Repurchase of Shares from Link Ventures and Affiliated Entities Controlled by Chairman and Co-Founder, David Blundin
Summary
CAMBRIDGE, Mass., Aug. 11, 2025 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it has agreed to repurchase an aggregate of 900,000 shares of its Class A common stock, resulting in an aggregate repurchase price of $21 million (the “Repurchase”) from Link Ventures, which is an entity affiliated with funds advised by David Blundin, EverQuote’s Chairman and Co-Founder, and other affiliated entities of Mr. Blundin. The transaction was executed on a price per share of $23.33, which represents a 1.75% discount to Friday’s closing price and a 3.96% discount on the Company’s 10-day volume-weight average price on August 8, 2025, and comes in part of the $50 million share repurchase program announced on August 4, 2025.
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Read Full ArticleArticle published on August 11, 2025 by globenewswire