{"schema_version":"secwatch.filing_event.v1","accession":"0001499832-24-000057","form_type":"8-K","ticker":"TSQ","cik":"0001499832","company_name":"Townsquare Media, Inc.","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.690654+00:00","generated_at":"2026-06-04T04:32:34.667815+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Townsquare repurchases 1.5M shares from MSG at $9.76 (11% discount), reaffirms FY2024 guidance","bullets":["Repurchased 1.5M shares (just under 10% of outstanding) from MSG at $9.76/share, an 11% discount to March 28 close.","Purchase price of $14.6M funded with cash on hand; post-transaction shares outstanding ~15.2M and cash balance ~$40M.","Pro forma cash flow from operations per basic share increases to ~$4.47 from ~$4.07, representing ~10% accretion.","Reaffirmed Q1'24 net revenue guidance $98.5M-$100M and Adj. EBITDA $17.5M-$18.5M; FY24: $440M-$460M and $100M-$110M.","Since 2021, Townsquare has repurchased 16.2M shares at avg $7.19 while reducing leverage; recently increased dividend by 5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001499832-24-000057","json":"https://secwatch.observer/filing/0001499832-24-000057.json","markdown":"https://secwatch.observer/filing/0001499832-24-000057.md","text":"https://secwatch.observer/filing/0001499832-24-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499832/000149983224000057/0001499832-24-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499832/000149983224000057/tsq-20240401.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:32:34.667815+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}