Zeta Global Announces Intended Share Purchases by CEO and Members of Senior Leadership and Board of Directors
Zeta Global (NYSE: ZETA) announced that CEO David A. Steinberg, company leadership, and board members plan to purchase approximately $3 million worth of Class A common stock on November 18, 2024. The announcement comes in response to what Steinberg describes as a recent report containing false claims about the company. Steinberg expressed confidence in the company's integrity and stated his belief that the current share price is undervalued, emphasizing the company's strong performance for shareholders over the past three years.
Zeta Global (NYSE: ZETA) ha annunciato che il CEO David A. Steinberg, insieme alla leadership aziendale e ai membri del consiglio, pianificano di acquistare circa 3 milioni di dollari di azioni ordinarie di Classe A il 18 novembre 2024. L'annuncio arriva in risposta a quello che Steinberg descrive come un recente rapporto contenente affermazioni false sull'azienda. Steinberg ha espresso fiducia nell'integrità dell'azienda e ha dichiarato di credere che l'attuale prezzo delle azioni sia sottovalutato, sottolineando le forti prestazioni dell'azienda per gli azionisti negli ultimi tre anni.
Zeta Global (NYSE: ZETA) anunció que el CEO David A. Steinberg, junto con el liderazgo de la empresa y los miembros de la junta, planean comprar aproximadamente 3 millones de dólares en acciones comunes de Clase A el 18 de noviembre de 2024. El anuncio se produce en respuesta a lo que Steinberg describe como un informe reciente que contiene afirmaciones falsas sobre la empresa. Steinberg expresó confianza en la integridad de la empresa y afirmó su creencia de que el precio actual de las acciones está subestimado, enfatizando el sólido desempeño de la empresa para los accionistas en los últimos tres años.
Zeta Global (NYSE: ZETA)는 CEO 데이비드 A. 스타인버그와 회사 리더십, 이사회 구성원들이 2024년 11월 18일에 약 300만 달러의 A 클래스 보통주를 구매할 계획이라고 발표했습니다. 이 발표는 스타인버그가 회사에 대한 허위 주장을 담고 있는 최근 보고서에 대응하여 나온 것입니다. 스타인버그는 회사의 무결성에 대한 자신감을 표현하며 현재 주식 가격이 저평가되어 있다고 믿고 있으며, 지난 3년 동안 주주를 위한 회사의 강력한 성과를 강조했습니다.
Zeta Global (NYSE: ZETA) a annoncé que le PDG David A. Steinberg, la direction de l'entreprise et les membres du conseil d'administration prévoient d'acheter pour environ 3 millions de dollars d'actions ordinaires de Classe A le 18 novembre 2024. Cette annonce fait suite à ce que Steinberg décrit comme un rapport récent contenant des allégations fausses concernant l'entreprise. Steinberg a exprimé sa confiance dans l'intégrité de l'entreprise et a déclaré croire que le prix actuel de l'action est sous-évalué, en soulignant la solide performance de l'entreprise pour les actionnaires au cours des trois dernières années.
Zeta Global (NYSE: ZETA) gab bekannt, dass CEO David A. Steinberg, die Unternehmensführung und die Vorstandsmitglieder planen, am 18. November 2024 Aktien der Klasse A im Wert von etwa 3 Millionen Dollar zu kaufen. Die Ankündigung erfolgt als Reaktion auf einen aktuellen Bericht, den Steinberg als falsch bezeichnet. Steinberg äußerte Vertrauen in die Integrität des Unternehmens und erklärte, dass er der Meinung sei, dass der derzeitige Aktienkurs unterbewertet sei, wobei er die starke Leistung des Unternehmens für die Aktionäre in den letzten drei Jahren betonte.
- Insider buying of $3 million worth of shares signals management confidence
- Strong three-year track record of shareholder returns mentioned by CEO
- Recent negative report potentially impacting company reputation
- Share price currently undervalued according to CEO, indicating market skepticism
Taken together, these intended purchases by Steinberg and other members of Zeta leadership in their personal capacity and the directors represent approximately
“Last week’s ‘report’ was filled with false claims and objectively wrong information about Zeta Global,” Steinberg said. “Members of the Board, Company leadership, and I are showing our confidence in our Company’s integrity by making these purchases.”
“We will not allow untrue claims to derail our forward momentum that has delivered strong results for shareholders over the last three years.”
“I believe the current share price is undervalued,” said Steinberg, “and I am bullish about our future.”
About Zeta
Zeta Global (NYSE: ZETA) is the AI-Powered Marketing Cloud that leverages advanced artificial intelligence (AI) and trillions of consumer signals to make it easier for marketers to acquire, grow, and retain customers more efficiently. Through the Zeta Marketing Platform (ZMP), our vision is to make sophisticated marketing simple by unifying identity, intelligence, and omnichannel activation into a single platform – powered by one of the industry’s largest proprietary databases and AI. Our enterprise customers across multiple verticals are empowered to personalize experiences with consumers at an individual level across every channel, delivering better results for marketing programs. Zeta was founded in 2007 by David A. Steinberg and John Sculley and is headquartered in
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. These statements often include words such as “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions. We base these forward-looking statements on our current expectations, plans and assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances at such time. Although we believe that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect our business, results of operations and financial condition and could cause actual results to differ materially from those expressed in the forward-looking statements. These statements are not guarantees of future performance or results. The forward-looking statements are subject to and involve risks, uncertainties and assumptions, and you should not place undue reliance on these forward-looking statements. These cautionary statements should not be construed by you to be exhaustive and are made only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
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Investor Relations
Madison Serras
ir@zetaglobal.com
Press
Candace Dean
press@zetaglobal.com
Source: Zeta Global
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