LiveOne Authorizes $12 Mln Stock Repurchase Program
(RTTNews) - LiveOne (LVO), Thursday announced an update on its previously authorized $12 million stock repurchase program.
"We believe our stock remains significantly undervalued, and this commitment reflects our strong confidence in LiveOne's growth trajectory and long-term value," said Robert Ellin, Chairman and CEO of LiveOne.
LiveOne is a music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.