Clear Secure increases share repurchase program by $100M

Clear Secure authorized a $100M increase to its existing Class A Common Stock share repurchase program. During Q1, the company used $84.9M to repurchase and retire 4.4 million shares of Class A Common Stock at an average price of $19.22. Including the $100M increase announced today, approximately $141M in aggregate remains available under the repurchase authorization.