Sphere Entertainment (SPHR) announced that the company repurchased 425,219 shares of SPHR Class A common stock at an average price of $52.91 per share for an aggregate purchase price of approximately $22.5M from September 3 through September 11. The share repurchases were funded using cash on hand.
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Read More on SPHR:
- Sphere Entertainment price target raised to $76 from $75 at Guggenheim
- Sphere Entertainment CEO Andrea Greenberg Departs Company
- Sphere Entertainment price target raised to $62 from $52 at Seaport Research
- Sphere Entertainment repurchases 629,028 shares of Class A common stock
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