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Home Artificial Intelligence

EverQuote Announces New Share Repurchase Authorization

October 22, 2026
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 4 mins read
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CAMBRIDGE, Mass., Oct. 21, 2026 (GLOBE NEWSWIRE) — Eve Quote, I c. (“Eve Quote” o the “Compa y”) Nasdaq: EVER), a leadi g p ovide of g owth solutio s fo p ope ty a d casualty i su a ce p ovide s today a ou ced that its Boa d of Di ecto s has app oved a sha e epu chase p og am that autho izes the Compa y to pu chase up to $50.0 millio of the Compa y’s Class A commo stock f om time to time.

“We have co ti ued to demo st ate ou success i delive i g st o g f ee cash flow a d have co fide ce i ou o goi g g owth t ajecto y,” said Joseph Sa bo , Chief Fi a cial Office a d Chief Admi ist ative Office of Eve Quote. “Ou cash ge e atio gives us the ability to fuel g owth, i vest i ou AI i ovatio a d to exte d ou leade ship positio , while simulta eously etu i g capital to sha eholde s.”The timi g a d total amou t of sha e pu chases, if a y, will depe d upo va ious facto s, i cludi g ma ket co ditio s, a d may be made th ough ope ma ket pu chases, i p ivately egotiated t a sactio s o by othe mea s, i cludi g pu sua t to Rule 10b5-1 pla s. The p og am may be suspe ded o disco ti ued at a y time a d does ot obligate the Compa y to acqui e a y amou t of its Class A commo stock.

Fo wa d-Looki g Stateme tsThis p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995. These i clude stateme ts about the app oved sha e epu chase p og am, i cludi g the amou t, timi g a d ma e of a y epu chases. Actual esults may diffe mate ially due to isks a d u ce tai ties, i cludi g ma ket co ditio s, the Compa y’s stock p ice, the Compa y’s liquidity a d capital eeds, est ictio s u de the Compa y’s c edit facility, a d the facto s desc ibed u de “Risk Facto s” i the Compa y’s most ece t A ual Repo t o Fo m 10-K a d subseque t Qua te ly Repo ts o Fo m 10-Q. Fo wa d-looki g stateme ts speak o ly as of the date of this epo t. The Compa y u de takes o obligatio to update them, except as equi ed by law.

About Eve QuoteEve Quote (Nasdaq: EVER) is a leadi g AI-powe ed g owth solutio s pa t e fo egulated p ope ty a d casualty i su a ce e tities, e abli g the la gest i su a ce ca ie s a d thousa ds of age ts to maximize custome acquisitio ac oss digital cha els. Fueled by ou p op ieta y data assets a d ou AI t affic e gi e, Eve Quote is t a sfo mi g the way p ovide s att act a d e gage co sume s to g ow ma ket sha e. To lea mo e visit i vesto s.eve quote.com.

Eve Quote I vesto Relatio s Co tact:Sa a BudaEve Quotesa a.buda@eve quote.com

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