Blade Air Mobility Announces $20 Million Share Repurchase Program
Blade Air Mobility, Inc. - Class A (BLDE)
Company Research
Source: GlobeNewswire
NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced its Board of Directors has authorized the repurchase of up to $20 million of outstanding Class A common stock. Given the Company’s expectation of profitability on an adjusted EBITDA basis for the full-year 2024, coupled with its debt-free balance sheet and significant cash balance, the share buyback program will allow the Company to opportunistically take advantage of stock price dislocations, when prudent. The volume and timing of any repurchases will be subject to general business and market conditions, acquisition and corporate investment opportunities, and Blade’s capital allocation strategy at the time. The repurchase program does not obligate Blade to repurchase a specific number of shares and may be modified, suspended, or discontinued at any time. About Blade Air Mobility Blade Air Mobility pro
Show less
Read more
Impact Snapshot
Event Time:
BLDE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BLDE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BLDE alerts
High impacting Blade Air Mobility, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
BLDE
News
- Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal First Quarter 2024 Financial ResultsGlobeNewswire
- Blade Air Mobility Announces Date for First Quarter Ended March 31, 2024 Earnings Release Conference CallGlobeNewswire
- With 62% institutional ownership, Blade Air Mobility, Inc. (NASDAQ:BLDE) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
- Blade Air Mobility: Focus On Big Picture [Seeking Alpha]Seeking Alpha
- Blade Air Mobility: Rising Competitive Threats [Seeking Alpha]Seeking Alpha
BLDE
Earnings
- 11/8/23 - Beat
BLDE
Sec Filings
- 4/17/24 - Form 4/A
- 4/17/24 - Form 4/A
- 4/5/24 - Form 4
- BLDE's page on the SEC website