other material
confidence high
sentiment positive
materiality 0.55
Urban One authorizes $35M in repurchase programs: $10M stock, $25M notes
URBAN ONE, INC.
- Board authorized up to $10M repurchase of Class A and Class D common stock.
- Also authorized up to $25M repurchase of 7.375% Senior Secured Notes due 2028.
- Repurchases may be made via open market, private deals, or under Rule 10b5-1 plans.
- Timing and amount depend on market conditions; no obligation to repurchase.