Live Ventures Inc. (LIVE), a diversified holding company, announced Friday that its Board of Directors approved a new stock repurchase program authorizing the company to repurchase up to $10 million of shares.
The new program, which replaces the previous program that expired on June 1, will remain effective until May 31, 2025, unless extended, canceled, or modified by the Board.
The shares may be repurchased at management's discretion from time to time in open market transactions.
Jon Issac, President and Chief Executive Officer of Live Ventures, said, "Establishing a new repurchase program underscores our confidence in the long-term growth prospects of Live Ventures..."
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