Townsquare Media Shares Rise on Stock Repurchase Program

Dow Jones
12 Dec 2024
 

By Sabela Ojea

 

Shares of Townsquare Media rose after the company said that it is buying back company shares worth $50 million.

The stock was up 6.4% to $10.70 in post-market trading. Through Wednesday's close, shares have fallen 4.7% so far this year.

The owner and operator of a diversified group of radio, digital, marketing services said that its board of directors on Tuesday approved the stock repurchase program.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

December 11, 2024 17:49 ET (22:49 GMT)

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