secwatch.observer — SEC 8-K summary
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Issuer:     Townsquare Media, Inc. (TSQ)
CIK:        0001499832
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001499832-24-000134
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Townsquare Media authorizes $50M share repurchase plan over 36 months
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- Board approved $50M stock repurchase plan for Class A common stock, effective Dec 10, 2024.
- Plan replaces prior plan expiring Dec 16, 2024; ~$40.5M was repurchased under the prior plan.
- Repurchases may be made on open market at management's discretion over three-year period.
- Funding from cash on hand, borrowings, or debt/equity proceeds; subject to market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499832/000149983224000134/0001499832-24-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499832/000149983224000134/tsq-20241210.htm
  HTML page:      https://secwatch.observer/filing/0001499832-24-000134

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer