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CLEAR announces block share repurchase agreement with Delta Airlines and $100 million increase to share repurchase authorization
Aug 05, 2024•almost 2 years ago
Contract Type
agreement
New YorkSoftwareTransportationTravelDescription
CLEAR Secure, Inc. announced the repurchase of 4,000,000 shares of Class A Common Stock in the third quarter of 2024 pursuant to a block share purchase agreement with Delta Air Lines, Inc. Also, the Board of Directors authorized a $100 million increase to its existing Class A Common Stock share repurchase program.
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Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months