Tranche Update on Townsquare Media, Inc.'s Equity Buyback Plan announced on April 1, 2024.
April 01, 2024 at 07:06 am
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From April 1, 2024 to April 1, 2024, the company has repurchased 1,500,000 shares, for $14.64 million. With this, the company has completed the repurchase of 1,500,000 shares, for $14.64 million under the buyback announced on April 1, 2024.
Townsquare Media, Inc. is a digital media and digital marketing solutions company. The Company's integrated and diversified products and solutions enable local, regional and national advertisers to target audiences across multiple platforms, including digital, mobile, social, video, streaming, e-commerce, radio and events. Its segments include Subscription Digital Marketing Solutions, Digital Advertising and Broadcast Advertising. The Subscription Digital Marketing Solutions includes its subscription digital marketing solutions business, Townsquare Interactive. The Digital Advertising segment, which it markets as Townsquare Ignite, includes digital advertising on its owned and operated digital properties and its digital programmatic advertising platform. The Broadcast Advertising includes its local, regional and national advertising products and solutions delivered via terrestrial radio broadcast. Its portfolio includes local media brands such as WYRK.com, WJON.com and NJ101.5.com.