Thumzup Media Corporation (NASDAQ: TZUP), a digital asset accumulator and advertising industry disruptor, today announced that its Board of Directors has extended the window under which the broker-dealer executing the stock buyback may repurchase shares under the Company's newly authorized share buyback program from September 30, 2025 until October 31, 2025.
As previously announced, the Company is authorized to repurchase up to $10 million in common stock on the open market from time to time based on market conditions, cash reserves, cash flows and the balancing of uses of cash for operations, growth and other considerations as may be considered in the Company's sole discretion.
"Our decision to extend the buyback authorization ensures that we remain positioned to continue returning value to our shareholders on an ongoing basis," said Robert Steele, Chief Executive Officer of Thumzup. "We remain committed to balancing the execution of our long-term strategy with prudent capital allocation, including the repurchase of our stock when we believe it represents an attractive opportunity."
As previously announced, Thumzup had completed its initial $1 million share repurchase program in September 2025, repurchasing 212,432 shares of common stock at a weighted average price of $4.71 per share.
TZUP shares grabbed 32 cents, or 6.4%, to $5.32.
