ON24, Inc. (ONTF) shares are rising on Thursday morning trade after the cloud-based hybrid engagement platform announced an authorization to repurchase up to $50 million common stock. The repurchase program will be funded from the company's existing cash and cash equivalents or future cash flow. The authorization has an 18-month term and ON24 expects to extend over multiple quarters.
Currently, ONTF shares are at $16.30, up 7.04 percent from the previous close of $15.20 on a volume of 571,424. For the 52-week period, the shares have traded in a range of $15.07-$81.98 on average volume of 799,772.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.