Skillz (SKLZ) Announces $65M Share Buyback, Explores Debt Repurchases
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/24/2026
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Oil drops more than $2 despite new US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Wattmore and Eos Energy strike non-exclusive storage software deal
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Grand Canyon Education places CFO on leave amid stock trade probe
- RUM Group signs $13.7 billion GPU services deal, issues warrants
- Funds sell $44bn in semiconductors on AI concerns
Skillz Board of Directors Authorizes $65 Million Share Repurchase Program and Exploration of Debt Repurchases
August 21, 2023 9:00 AM EDTLAS VEGAS--(BUSINESS WIRE)-- Skillz Inc. (NYSE: SKLZ) (Skillz or the Company), the leading mobile games platform bringing fair competition to players worldwide, today announced that its Board of Directors has approved a share repurchase program, pursuant to which the Company is authorized to purchase up to $65 million of its Class A common stock. The Board also authorized management to explore options to repurchase up to $65 million of the Companys outstanding 10.25% Senior Secured Notes due 2026 (the Notes).
Repurchases under the share repurchase program and the debt repurchase authorization may be made at managements... More
