Followers | 131 |
Posts | 10070 |
Boards Moderated | 0 |
Alias Born | 11/05/2009 |
![](https://investorshub.advfn.com/uicon/175232.png?cb=1705581087)
Tuesday, February 20, 2018 11:12:22 AM
8:01 am ET February 20, 2018 (Globe Newswire)
Live Ventures Incorporated (Nasdaq:LIVE), a diversified holding company, today announced that its Board of Directors has approved a new stock repurchase program that will enable the Company to repurchase up to $10 million of its common stock over the next three years. Live Ventures' previous stock repurchase program expired last month.
"Management believes that the program is designed to strengthen the company's long-term financial structure by capitalizing on the current undervaluation of its stock in the open market," said Jon Isaac, Live Ventures' President and Chief Executive Officer.
Under the new stock repurchase program, Live Ventures may purchase shares of its common stock through various means, in open market transactions, including through block purchases, through privately negotiated transactions, or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, which would permit common stock to be repurchased at a time that Live Ventures might otherwise be precluded from doing so under insider trading laws or self-imposed trading restrictions. The number of shares repurchased and the timing, manner, price and amount of any repurchases will be determined in the Company's discretion and subject to a number of factors, including, but not limited to, stock price, trading volume and general market conditions, along with Live Ventures' general business conditions and other factors. The program may be suspended or discontinued at any time and the program does not obligate the company to acquire any specific number of shares of its common stock.
"PEOPLE ARE SMART...PEOPLE ARE STUPID." - SP
Recent LIVE News
- Live Ventures Subsidiary Flooring Liquidators Announces Opening of its Largest Store in Springfield, Missouri • GlobeNewswire Inc. • 06/13/2024 12:00:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 02:56:13 PM
- Live Ventures Announces New $10 Million Common Stock Repurchase Program • GlobeNewswire Inc. • 06/07/2024 12:30:17 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 05/23/2024 04:48:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 04:18:44 PM
- Live Ventures Announces Acquisition of Data Center Product Manufacturer Central Steel Fabricators • GlobeNewswire Inc. • 05/17/2024 12:30:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 03:21:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 08:32:24 PM
- Live Ventures Reports Fiscal Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/13/2024 12:30:46 PM
- Live Ventures to Issue Fiscal Second Quarter 2024 Financial Results and Hold Earnings Conference Call on May 13, 2024 • GlobeNewswire Inc. • 05/06/2024 12:30:12 PM
- LL Flooring Provides Update on Strategic Alternatives Review • Business Wire • 04/29/2024 08:10:00 PM
- Live Ventures Subsidiary Vintage Stock Announces Opening of its 72nd Store in Chattanooga, Tennessee • GlobeNewswire Inc. • 04/16/2024 12:30:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/08/2024 09:18:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/08/2024 09:12:54 PM
- Live Ventures Reports Fiscal First Quarter 2024 Financial Results • GlobeNewswire Inc. • 02/08/2024 01:30:58 PM
- Live Ventures to Issue Fiscal First Quarter 2024 Financial Results and Hold Earnings Conference Call on February 8, 2024 • GlobeNewswire Inc. • 02/01/2024 01:30:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 09:16:35 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 12/22/2023 05:14:07 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 12/21/2023 02:59:05 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 01:37:09 PM
- Live Ventures Reports Fiscal Year 2023 Financial Results • GlobeNewswire Inc. • 12/20/2023 01:30:42 PM
- Tesla Offers No Yearly Merit Bonuses, FedEx EPS Falls Short, Alibaba Leadership Shift, and More • IH Market News • 12/20/2023 11:01:42 AM
- Apple Stocks Reach Record, Adobe Faces Stock Drops, Berkshire Hathaway Increases Stake in OXY, and More • IH Market News • 12/14/2023 10:59:57 AM
- Live Ventures Announces New Date for Fiscal Full Year 2023 Financial Results and Earnings Conference Call • GlobeNewswire Inc. • 12/14/2023 12:50:16 AM
- Live Ventures to Release Fiscal Full Year 2023 Financial Results and Hold Earnings Conference Call on December 14, 2023 • GlobeNewswire Inc. • 12/07/2023 01:30:29 PM
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM