- Thumzup Media, a rapidly growing tech platform developer that helps advertisers and social media influencers easily target their markets, recently announced significant insider purchases of company shares on the open market
- The optimism-boosting news was joined by reports that the company has repurchased 79,377 shares of common stock for approximately $298,207 as part of an approved $1 million cap on a stock buyback program
- Thumzup recently uplisted to the Nasdaq exchange and has been growing its list of company clients at a CAGR of more than 200% during the past year
- The company’s proprietary AdTech platform makes it easy for clients to develop and manage social media campaigns, motivating social media influencers to get on board and receive cash payment for their efforts in the campaigns
Social media branding and marketing innovator Thumzup (NASDAQ: TZUP) received a new pair of thumbs up votes recently when company insiders announced new open-market stock purchases of Thumzup shares, as well as ongoing share buyback activity under the company’s previously announced stock repurchase program.
“Continued insider buying and the execution of our share repurchase program reflect our belief in Thumzup’s business model and long-term value proposition,” Founder and Chief Executive Officer Robert Steele stated March 21 (https://ibn.fm/tVwvX). “We remain committed to executing our strategic…
NOTE TO INVESTORS: The latest news and updates relating to TZUP are available in the company’s newsroom at https://ibn.fm/TZUP
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