When will Zedge (ZDGE) conduct share repurchases under its updated buyback program?

Zedge plans to repurchase shares from time to time, subject to market and legal conditions. According to Zedge, purchases may occur via open market, private transactions, or other methods, and a planned Rule 10b5-1 plan should allow continuous buybacks despite trading window restrictions.

Zedge Provides Shareholder Update on Capital Return Initiatives

Rhea-AI Impact

(High)

Rhea-AI Sentiment

(Very Positive)

Rhea-AI Summary

Zedge (NYSE American: ZDGE) increased its Class B common stock repurchase authorization by $2.0 million, on top of a prior $5.0 million program under which almost 1.5 million shares were repurchased for about $4.8 million.

The Board also declared a $0.02 quarterly dividend (annualized $0.08) on Class B shares, with a June 22, 2026 record date and June 30, 2026 payment date. Zedge reports being debt-free, generating consistent free cash flow, and plans a Rule 10b5-1 plan to enable ongoing buybacks.

AI-generated analysis. Not financial advice.

Positive

Share repurchase authorization increased by $2.0 million for Class B common stock
Almost 1.5 million Class B shares already repurchased for approximately $4.8 million
Ongoing $0.02 per share quarterly dividend, annualized at $0.08
Company describes itself as debt-free with consistent free cash flow
Plan to adopt a Rule 10b5-1 plan enabling continuous repurchases

Negative

None.

Key Figures

Buyback increase: $2.0M Prior authorization: $5.0M Shares repurchased: almost 1.5M shares +5 more

8 metrics

Buyback increase $2.0M New addition to Class B share repurchase authorization

Prior authorization $5.0M Previously approved Class B share repurchase authorization

Shares repurchased almost 1.5M shares Class B common stock bought back under prior authorization

Buyback spend approximately $4.8M Total spent on buybacks as of June 4, 2026

Quarterly dividend $0.02 per share Class B common stock dividend declared in this update

Annualized dividend $0.08 per share Annualized rate based on $0.02 quarterly dividend

Monthly active users 20 million Creator communities served across Zedge platforms

Record date June 22, 2026 Dividend record date for $0.02 per share payment

Market Reality Check

Price: $3.17 Vol: Volume 21,933 is 0.33x th...

low vol

$3.17 Last Close

Volume Volume 21,933 is 0.33x the 20-day average of 66,247, indicating muted trading ahead of this update. low

Technical Shares at $3.17 are trading above the 200-day MA of $3.06 but sit 35.17% below the 52-week high.

Peers on Argus

ZDGE was down 1.86% with light volume while peers were mixed: BODI -6.11%, SJ -5...

ZDGE was down 1.86% with light volume while peers were mixed: BODI -6.11%, SJ -5.68%, PODC +0.96%, SCOR +0.76%, and GIFT flat. Moves do not indicate a unified sector trend.

Historical Context

5 past events · Latest: Jun 01 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jun 01	Earnings date notice	Neutral	+9.1%	Announcement of timing for third fiscal quarter 2026 results and call.
May 28	Conference appearance	Neutral	+4.9%	CEO presentation and 1x1 meetings at Planet MicroCap Las Vegas 2026.
Mar 25	Dividend increase	Positive	-2.3%	Quarterly dividend raised 25% to $0.02 per share on strong cash metrics.
Mar 12	Quarterly results	Positive	-14.5%	Q2 FY2026 revenue up 18.3% with record monetization and cash generation.
Mar 03	Earnings date notice	Neutral	+0.3%	Scheduling announcement for second fiscal quarter 2026 earnings release.

Pattern Detected

Recent history shows several instances where positive fundamental or capital return news (dividend increase, strong quarter) coincided with negative price reactions, while neutral scheduling or conference updates often aligned with modest gains.

Recent Company History

Over the past six months, Zedge has mixed operational momentum with capital returns. On Jan 15, 2026, shareholders approved director elections and a $0.016 dividend. Strong Q2 FY2026 results on Mar 12 featured $8.3M revenue and higher monetization, yet the stock fell 14.47%. A 25% dividend hike to $0.02 on Mar 25 also saw a -2.29% move. In contrast, neutral items like earnings-date notices on Mar 3 and Jun 1, and a conference presentation on May 28, aligned with modest gains. Today’s expanded buyback and reiterated dividend continue the capital return focus.

Market Pulse Summary

This announcement expands Zedge’s capital return program, adding a new $2.0M Class B share repurchas...

Analysis

This announcement expands Zedge’s capital return program, adding a new $2.0M Class B share repurchase authorization on top of a prior $5.0M program under which almost 1.5M shares were bought for about $4.8M. The company also reaffirmed its quarterly dividend of $0.02 per share, or $0.08 annualized. Set against earlier dividend increases and monetization gains, this update highlights a continued focus on returning cash while management emphasizes funding growth initiatives from ongoing free cash flow.

Key Terms

rule 10b5-1 plan, generative ai, multimodal datasets

3 terms

rule 10b5-1 plan regulatory

"the Company plans to enter into a "Rule 10b5-1 plan" to allow for continuous"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

generative ai technical

"including a full generative AI creation suite."

Generative AI is a type of computer technology that can create new content, like text, images, or music, on its own. It’s important because it can produce realistic and useful material quickly, which could change how we create art, write stories, or even develop new products. Think of it as a smart robot that can invent and produce things almost like a human.

multimodal datasets technical

"delivering managed, multimodal datasets that are ethically sourced, rights-cleared,"

Multimodal datasets are collections of information that combine different types of data — such as text, images, audio, and sensor readings — about the same subjects or events, like a photo with a caption and accompanying sound. Think of it as a mixed-media scrapbook that lets algorithms see more of the whole picture. Investors care because these richer datasets can enable more accurate AI-driven products, better customer insights and faster decision-making, which may translate into competitive advantages, higher growth potential and different risk profiles for companies.

AI-generated analysis. Not financial advice.

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06/08/2026 - 06:30 AM

Adds $2 Million to Existing Class B Common Stock Repurchase Authorization;

Announces Quarterly Dividend Payment Details

NEW YORK, NY / ACCESS Newswire / June 8, 2026 / Zedge, Inc. (NYSE American:ZDGE), $ZDGE, a company that builds and operates creator communities serving 20 million monthly active users, today announced its Board of Directors approved a $2.0 million increase to the existing share repurchase authorization for its Class B common stock. This new authorization adds to the previously approved $5.0 million share repurchase authorization, under which the Company has bought back almost 1.5 million shares of its class B common stock for approximately $4.8 million as of June 4, 2026. The Board of Directors also approved payment of the Company's $0.02 quarterly dividend.

Jonathan Reich, Zedge's CEO commented:

"Having substantially completed our prior $5.0 million share repurchase program, our Board has authorized a $2.0 million increase to the prior authorization, reflecting our continued belief that our shares are undervalued and represent an attractive use of capital and our ongoing commitment to returning capital to shareholders through multiple channels. Zedge generates consistent free cash flow, is debt-free and that balance sheet strength is precisely what gives us the flexibility to execute a multifaceted capital return strategy. Earlier this fiscal year we initiated our first-ever dividend and just recently raised it 25%, and today's repurchase authorization is the next expression of that same discipline. What I want shareholders to understand is that none of this comes at the expense of growth. We are actively investing in DataSeeds, our Product Innovation Team and the broader Zedge platform, and we are funding all of it from cash flow without touching the balance sheet."

Dividend Details:

Quarterly Dividend Amount: $0.02 per share of class B common stock, representing an annualized dividend of $0.08 per share;
Record Date: June 22, 2026;
Payment Date: June 30, 2026.

Purchases under the program will be made from time to time, as permitted by securities laws and through, at the Company's discretion, open market purchases, privately negotiated transactions, or other paths. The Company will determine the timing, manner, price and amount of any repurchases subject to economic and market conditions, stock price, applicable legal requirements and other factors. In furtherance of the buyback, the Company plans to enter into a "Rule 10b5-1 plan" to allow for continuous repurchases of its Class B common stock regardless of the Company's trading window restrictions.

About Zedge

Zedge builds and operates creator communities that serve 20 million monthly active users across its platforms. Zedge Marketplace, our flagship platform, is a leading marketplace for mobile personalization content that powers a vibrant creator ecosystem including a full generative AI creation suite. DataSeeds.AI is our B2B business, delivering managed, multimodal datasets that are ethically sourced, rights-cleared, built to spec and delivered at scale to frontier AI developers. The content foundation for DataSeeds.AI is supplied by Zedge's proprietary creator communities, including Zedge Marketplace contributors and photo competition community GuruShots, the world's most popular photo competition game, which is supplemented by crowdsourced content. For more information, visit: investor.zedge.net

Forward-Looking Statements

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate," "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.

Contact:
Brian Siegel, IRC, MBA
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com
ir@zedge.net

SOURCE: Zedge, Inc.

View the original press release on ACCESS Newswire

FAQ

What capital return initiatives did Zedge (ZDGE) announce on June 8, 2026?

Zedge announced a $2.0 million increase to its Class B share repurchase authorization and confirmed a $0.02 quarterly dividend. According to Zedge, these actions reflect a multifaceted capital return strategy funded from free cash flow while continuing to invest in its platform and DataSeeds.

How large is Zedge’s (ZDGE) total Class B stock buyback authorization after the June 2026 update?

Zedge’s total Class B share repurchase authorization now stands at $7.0 million, including the new $2.0 million increase. According to Zedge, about $4.8 million has already been used to repurchase nearly 1.5 million Class B shares as of June 4, 2026.

What are the details of Zedge’s (ZDGE) June 2026 quarterly dividend for Class B shareholders?

Zedge declared a $0.02 per share quarterly dividend on its Class B common stock, annualized at $0.08. According to Zedge, the record date is June 22, 2026, and the dividend payment date is June 30, 2026, for eligible shareholders.

How does Zedge (ZDGE) plan to fund its buyback and dividend programs?

Zedge plans to fund its buyback and dividend entirely from free cash flow, without using its balance sheet. According to Zedge, the company is debt-free and continues investing in DataSeeds, its Product Innovation Team, and the broader Zedge platform.

What does Zedge’s (ZDGE) capital return strategy indicate about its financial position?

Zedge’s increased buyback authorization and recurring dividend suggest confidence in its cash generation and balance sheet. According to Zedge, it generates consistent free cash flow, is debt-free, and can both return capital to shareholders and invest in platform and AI-focused initiatives.