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Stock impact report

Turtle Beach Announces Update on Its Return of Capital Strategy to Shareholders [Yahoo! Finance]

Turtle Beach Corporation (HEAR) 
Last turtle beach corporation earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: corp.turtlebeach.com/investor-relations
Company Research Source: Yahoo! Finance
Share Repurchase Authorization Replaces Previously Announced Tender Offer Given Underlying Shares Are Now Trading 11% Above Previously Communicated Top End of Proposed Tender Offer Range Board of Directors Will Continue to Aggressively Assess Mechanisms to Create Shareholder Value WHITE PLAINS, N.Y., April 09, 2024 BUSINESS WIRE )--Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) ("Turtle Beach" or the "Company") announced today its Board of Directors has modified its previously communicated near-term return of capital plan to shareholders, given the overwhelmingly positive reaction to the Company's recent transformational acquisition of Performance Designed Products ("PDP") and the strong underlying trading price of the Company's shares. With today's announcement, the Board of Directors (the "Board") no longer intends to launch the previously announced modified "Dutch auction" Tender Offer (the "Tender Offer") to purchase up to $30 million of its common s Show less Read more
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