ON24 Announces Share Repurchase Authorization
ON24, Inc. (ONTF)
Company Research
Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading cloud-based hybrid engagement platform, today announced that its Board of Directors has authorized a share repurchase program where ON24 may purchase up to $50 million of its common stock.“This share repurchase program reflects our confidence in ON24’s long-term growth potential and strategy, which we believe is not reflected at the current market valuation. Our strong balance sheet allows us to implement this repurchase program as we continue to invest and build our platform for the future, as well as maintain flexibility to pursue new strategic opportunities,” said Sharat Sharan, CEO of ON24.Under the repurchase program, ON24 may purchase shares of common stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions, or other means, including through Rule 10b5-1 trading plans. The repurchase program has an 18-month term and ON24 expects repurchases under the program
Show less
Read more
Impact Snapshot
Event Time:
ONTF
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
ONTF 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
ONTF alerts
High impacting ON24, Inc. news events
Weekly update
A roundup of the hottest topics
ONTF
News
- Companies Like ON24 (NYSE:ONTF) Can Afford To Invest In Growth [Yahoo! Finance]Yahoo! Finance
- New ON24 Report Reveals Significant Increase in Engagement as Digital Transformation Accelerates in the Financial Services Industry [Yahoo! Finance]Yahoo! Finance
- New ON24 Report Reveals Significant Increase in Engagement as Digital Transformation Accelerates in the Financial Services IndustryBusiness Wire
- ON24 Announces Date for First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- New ON24 Report Reveals Significant Increase in HCP Engagement as Digital Transformation Accelerates for Life Sciences Industry [Yahoo! Finance]Yahoo! Finance
ONTF
Earnings
- 2/22/24 - Beat
ONTF
Analyst Actions
- 2/23/24 - Canaccord Genuity
ONTF
Sec Filings
- 5/1/24 - Form 4
- 4/29/24 - Form 144
- 4/26/24 - Form 4
- ONTF's page on the SEC website