The Arena Group Holdings, Inc. announced on July 31, 2025, that its Board of Directors authorized a share repurchase program. Under this program, the company may repurchase up to 3 million shares of its common stock over the next 12 months.
CEO Paul Edmondson stated that the program reflects confidence in the company's future, as operational performance continues to improve. He noted that the current share price does not fully reflect these improvements compared to peers in the Russell 2000® Index.
The share repurchase program will be funded through operating cash flow. Repurchases may occur through open-market transactions, privately negotiated transactions, or under Rule 10b5-1 trading plans, subject to market conditions and other factors.
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