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ACV Auctions Inc. Enters $50 Million Accelerated Share Repurchase Agreement
May 13, 2026•about 1 month ago
Contract Type
share_repurchase_agreement
BuffaloInformation Technology
Description
On May 12, 2026, ACV Auctions Inc. entered into an accelerated share repurchase agreement with Citibank, N.A. to repurchase $50 million of the Company’s shares of common stock. An initial delivery of approximately 70% of the shares is expected on May 13, 2026
Company Information
Company
ACV Auctions Inc.
Location
640 ELLICOTT STREET
Buffalo, Kansas, United States
About
ACV Auctions is a mobile app for car dealers to facilitate wholesale vehicle auctions
Predictive Intelligence
Strategic
ML-powered predictions for ACV Auctions Inc.'s next move
BuffaloInformation Technology