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Live Ventures Announces $10 Million Common Stock Repurchase Program

LIVE VENTURES INC COMMON (LIVE)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: ir.live-ventures.com
PDF LAS VEGAS, Feb. 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 [Read more]

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