HEAR - Turtle Beach extends $25M share buyback until 2025
2023-03-13 18:21:10 ET
- Gaming accessory company Turtle Beach ( NASDAQ: HEAR ) said Monday its board approved an extension of a share repurchase program for an additional two years, through April 9, 2025.
- Under the program, the company may buy up to a total of $25 million of shares of its common stock.
- Turtle Beach said it intends to fund the share repurchases using cash from operations or short-term borrowings and may suspend or discontinue repurchases at any time.
- The share repurchase program is scheduled to expire April 9, 2025, but may also be expanded, extended, among other things.
- Press Release .
- Shares -13.4% at $5.94 after hours.
For further details see:
Turtle Beach extends $25M share buyback until 2025