On September 6, 2017, Autobytel Inc., a Delaware corporation (“Company” or “Autobytel”), announced that its Board of Directors had approved a share repurchase program, to be funded with cash on hand, that authorizes the repurchase from time to time of up to $3.0 million of the Company’s common stock, subject to prevailing market conditions. This new approval follows the completion of an earlier stock repurchase program.

A copy of Autobytel’s announcement is attached as Exhibit99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

AUTOBYTEL INC Exhibit
EX-99.1 2 ex99-1.htm PRESS RELEASE DATED SEPTEMBER 6,…
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About Autobytel Inc. (NASDAQ:ABTL)

Autobytel Inc. is an automotive marketing services company that assists automotive retail dealers and automotive manufacturers market and sell new and used vehicles to consumers through the programs for online lead referrals, dealer marketing products and services, and online advertising programs and mobile products. The Company operates through providing automotive marketing services segment. Its consumer-facing automotive Websites, including Website Autobytel.com, provide consumers with information and tools to aid them with the automotive purchase decisions and ability to submit inquiries requesting dealers to contact the consumers regarding purchasing or leasing vehicles. Its AutoWeb pay-per-click advertising marketplace program uses technology to refer consumer traffic to dealers and manufacturer Websites. For consumers who may not be able to secure loans through conventional lending sources, the Websites provide these consumers the ability to submit inquiries requesting dealers.

Autobytel Inc. (NASDAQ:ABTL) Recent Trading Information

Autobytel Inc. (NASDAQ:ABTL) closed its last trading session down -0.03 at 7.66 with 100,613 shares trading hands.