---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-23-000066"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2023-06-16T23:59:59+00:00"
generated_at: "2026-06-13T22:34:17.646736+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Townsquare Media repurchases 1.5M shares from MSG at 8.5% discount for $14.6M

## Summary
- Repurchased 1.5M Class C shares from MSG National Properties at $9.70/share, total $14.6M.
- Purchase price reflects 8.5% discount to Class A closing price on June 15, 2023.
- Repurchase covers ~8.5% of total shares outstanding; immediately accretive to shareholders.
- MSG's remaining ownership: 583,139 Class A + 1,125,000 Class C shares.
- Funded with cash on hand; company continues to support dividend and invest in digital growth.

## SEC filing metadata
- accession: 0001499832-23-000066
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2023-06-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000149983223000066/0001499832-23-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983223000066/tsq-20230616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-23-000066
- JSON: https://secwatch.observer/filing/0001499832-23-000066.json
- Plain text: https://secwatch.observer/filing/0001499832-23-000066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.