CLEAR announces 4,000,000 block share repurchase agreement with Delta Airlines and $100 million increase to share repurchase authorization
Clear Secure(YOU) Prnewswire·2024-08-05 18:00NEW YORK, Aug. 5, 2024 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU), ("CLEAR ", or "The Company"), the secure identity company, announced the repurchase of 4,000,000 shares of Class A Common Stock in the third quarter of 2024 pursuant to a block share purchase agreement with Delta Air Lines, Inc. ("Delta") (NYSE: DAL). Delta continues to own 4,277,958 shares of CLEAR's Class C Common Stock. "CLEAR is an important partner whose technology enhances the travel experience for Delta's customers," said Ranjan G ...