Sezzle Authorizes $100 Million Stock Repurchase Program after Completing $50 Million Program
Rhea-AI Summary
Sezzle (NASDAQ:SEZL) announced that its Board authorized an additional $100 million stock repurchase program on Dec. 15, 2025, following completion of a prior $50.0 million program announced March 10, 2025.
The company said it has repurchased 2.9 million shares to date at an average price of $24.03 and cited no fixed expiration for the new program. Repurchases will be made in open-market transactions in compliance with SEC Rule 10b-18, and the program may be extended, suspended, or discontinued at the company's discretion.
Positive
- Board authorized an additional $100M buyback
- Completed prior $50M program
- 2.9M shares repurchased at $24.03 average price
Negative
- Repurchase program may not obligate any purchases
- No fixed expiration could delay near-term impact on share count
Key Figures
Market Reality Check
Peers on Argus
SEZL was down 4.74% while peers were mixed, with BFH -0.23%, ENVA +1.52%, LU -1.85%, WU +0.62%, and QFIN +0.87%, pointing to a stock-specific setup rather than a broad Credit Services move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Index inclusion | Positive | +2.4% | Planned addition to the S&P SmallCap 600 index. |
| Nov 05 | Earnings beat/guidance | Positive | +7.8% | Strong Q3 growth, higher guidance, and improved profitability metrics. |
| Oct 21 | Earnings preview | Neutral | -1.7% | Scheduling Q3 results release and investor events. |
| Oct 15 | Product/marketing | Positive | -2.5% | Tools to help merchants reach price-conscious holiday shoppers. |
| Oct 07 | Partnerships/merchants | Positive | -4.2% | Expanded merchant roster and early performance at new partners. |
Recent fundamentally positive and index-inclusion news often saw gains, while commercial/marketing updates have more frequently coincided with short-term pullbacks.
Over the past few months, Sezzle has highlighted growth and capital markets milestones. On Oct 7 and Oct 15, it announced new merchants and tools for holiday demand, with shares trading down afterward. A Q3 2025 earnings release on Nov 5 showed strong growth in GMV, revenue, and profitability and coincided with a 7.76% gain. On Dec 9, news of upcoming inclusion in the S&P SmallCap 600 aligned with a positive move. Today’s sizable buyback authorization follows this phase of operational and index-related momentum.
Market Pulse Summary
This announcement highlights Sezzle’s Board authorizing an additional $100 million stock repurchase after completing a $50.0 million program, with 2.9 million shares bought at an average of $24.03. It follows strong Q3 2025 results and upcoming inclusion in the S&P SmallCap 600. Investors may focus on how actively the open-ended program is used, the company’s ongoing profitability and credit performance, and any changes in insider activity or balance sheet flexibility.
Key Terms
stock repurchase program financial
open market transactions financial
federal securities laws regulatory
AI-generated analysis. Not financial advice.
Minneapolis, MN, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, today, announced its Board of Directors authorized the repurchase of an additional
“The completion of our
The repurchase program has no fixed expiration, allowing flexibility in execution based on market conditions and other factors. Repurchases under the program will be made in open market transactions in compliance with the Securities and Exchange Commission Rule 10b-18 and federal securities laws. The stock repurchase program does not obligate the Company to acquire any amount of common stock, and it may be extended, suspended or discontinued at any time at the Company’s discretion.
Contact Information
| Lee Brading, CFA Investor Relations +651 240 6001 investorrelations@sezzle.com | Erin Foran Media Enquiries +651 403 2184 erin.foran@sezzle.com | |
About Sezzle Inc.
Sezzle is a fintech company on a mission to financially empower the next generation. Sezzle’s payment platform increases the purchasing power for millions of consumers by offering interest-free installment plans at online stores and select in-store locations. Sezzle’s transparent, inclusive, and seamless payment option allows consumers to take control over their spending, be more responsible, and gain access to financial freedom.
For more information visit sezzle.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Forward-looking statements include our expectations, whether stated or implied, regarding our financing plans and other future events.
Forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," and other words of similar meaning. These forward-looking statements address various matters including statements regarding the timing or nature of future operating or financial performance or other events. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others: a change in our plans to effectuate our stock repurchase program; impact of the “buy-now, pay-later” (“BNPL”) industry becoming subject to increased regulatory scrutiny; impact of operating in a highly competitive industry; a change in our ability to remain listed on the Nasdaq Capital Market; impact of macro-economic conditions on consumer spending; our ability to increase our merchant network, our base of consumers and underlying merchant sales (UMS); our ability to effectively manage growth, sustain our growth rate and maintain our market share; our ability to meet additional capital requirements; impact of exposure to consumer bad debts and insolvency of merchants; impact of the integration, support and prominent presentation of our platform by our merchants; impact of any data security breaches, cyberattacks, employee or other internal misconduct, malware, phishing or ransomware, physical security breaches, natural disasters, or similar disruptions; impact of key vendors or merchants failing to comply with legal or regulatory requirements or to provide various services that are important to our operations; impact of the loss of key partners and merchant relationships; impact of exchange rate fluctuations in the international markets in which we operate; our ability to protect our intellectual property rights; our ability to retain employees and recruit additional employees; impact of the costs of complying with various laws and regulations applicable to the BNPL industry in the United States and Canada; and our ability to achieve our public benefit purpose and maintain our B Corporation certification. The Company cautions investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read the Company's filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties, including but not limited to those risks described in “Item 1A. Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on February 27, 2025. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. The Company's business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Erin Foran Sezzle 6514032184 erin.foran@sezzle.com
FAQ
How much did Sezzle (SEZL) authorize for its new stock repurchase program on Dec. 15, 2025?
How many shares has Sezzle (SEZL) repurchased under prior programs and at what average price?
Does Sezzle’s (SEZL) new repurchase program have an expiration date?
Will Sezzle (SEZL) make repurchases under SEC rules?
Does Sezzle (SEZL) have to buy shares under the new $100M authorization?
What prior repurchase programs did Sezzle (SEZL) complete before the $50M program?
