LiveOne (LVO) Expands Share Buyback

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Go back to LiveOne (LVO) Expands Share Buyback

LiveOne (Nasdaq: LVO) Expands Share Repurchase Program

May 10, 2024 9:00 AM EDT

- LiveOne has repurchased 4.1 million total shares including 266k since April 1st at an average price of $1.875

- Leaving $4.75M of its $10M Repurchase Remaining

- LVO expects to be added to the Russell 2000 Index in June, which will Increase Institutional Ownership

LOS ANGELES, CA - (NewMediaWire) - May 10, 2024 - LiveOne (Nasdaq: LVO)

"We are confident in the company's future prospects and believe our stock is undervalued," said Robert Ellin, CEO of LiveOne. "Our business model, competitive advantages, and strategic vision position us well for sustained growth. By repurchasing shares,... More