GoPro repurchases $50M of 1.25% convertible notes due Nov 2025 at ~$46.3M cash

GoPro, Inc.

Repurchased $50M principal of 1.25% convertible notes due Nov 2025 for ~$46.3M, a $3.7M discount.
Transaction executed under note repurchase program announced Nov 9, 2023.
Terms individually negotiated with the holder; Matthews South acted as repurchase agent.
Repurchase reduces outstanding convertible debt and future interest expense.

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