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LiveOne (Nasdaq: LVO) Restarted $12 Million Stock Buyback Program
Globenewswireยท 2025-09-11 13:43
Core Viewpoint - LiveOne has announced an update on its $12 million stock repurchase program, expressing confidence in its growth trajectory and long-term value due to perceived undervaluation of its stock [1]. Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform, offering premium experiences and content globally through memberships and live and virtual events [2]. - The company's subsidiaries include Slacker, PodcastOne, PPVOne, Custom Personalization Solutions, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind [2]. Stock Repurchase Program - The company has repurchased over 5 million shares as part of its stock repurchase program, with $5.9 million remaining in the program [5]. - Senior management and directors, led by Robert Ellin, Chairman and CEO, are set to purchase up to 5 million shares [5].