EverQuote Announces New Share Repurchase Authorization
Key Highlights
- ➤EverQuote authorizes up to $50.0 million for Class A share repurchases
- ➤Repurchases may use open-market, privately negotiated, or Rule 10b5-1 transactions
- ➤Program is discretionary and may be suspended or discontinued at any time
- ➤Company cites strong free cash flow and confidence in ongoing growth trajectory
Expert Statements
Joseph Sanborn, Chief Financial Officer and Chief Administrative Officer of EverQuote
“We have continued to demonstrate our success in delivering strong free cash flow and have confidence in our ongoing growth trajectory”
Joseph Sanborn, Chief Financial Officer and Chief Administrative Officer of EverQuote
“Our cash generation gives us the ability to fuel growth, invest in our AI innovation and to extend our leadership position, while simultaneously returning capital to shareholders.”
CAMBRIDGE, Mass., Oct. 21, 2026 (GLOBE NEWSWIRE) -- EverQuote, Inc. (“EverQuote” or the “Company”) Nasdaq: EVER), a leading provider of growth solutions for property and casualty insurance providers today announced that its Board of Directors has approved a share repurchase program that authorizes the Company to purchase up to $50.0 million of the Company’s Class A common stock from time to time.
“We have continued to demonstrate our success in delivering strong free cash flow and have confidence in our ongoing growth trajectory,” said Joseph Sanborn, Chief Financial Officer and Chief Administrative Officer of EverQuote. “Our cash generation gives us the ability to fuel growth, invest in our AI innovation and to extend our leadership position, while simultaneously returning capital to shareholders.”
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